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Wuxi Longsheng Technology Co (SZSE:300680) Receivables Turnover : 0.74 (As of Mar. 2025)


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What is Wuxi Longsheng Technology Co Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Wuxi Longsheng Technology Co's Revenue for the three months ended in Mar. 2025 was ¥606 Mil. Wuxi Longsheng Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥818 Mil. Hence, Wuxi Longsheng Technology Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.74.


Wuxi Longsheng Technology Co Receivables Turnover Historical Data

The historical data trend for Wuxi Longsheng Technology Co's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wuxi Longsheng Technology Co Receivables Turnover Chart

Wuxi Longsheng Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 4.20 3.18 3.18 3.13

Wuxi Longsheng Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.70 0.80 0.94 0.74

Competitive Comparison of Wuxi Longsheng Technology Co's Receivables Turnover

For the Auto Parts subindustry, Wuxi Longsheng Technology Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wuxi Longsheng Technology Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wuxi Longsheng Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wuxi Longsheng Technology Co's Receivables Turnover falls into.


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Wuxi Longsheng Technology Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Wuxi Longsheng Technology Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=2397.327 / ((695.496 + 834.662) / 2 )
=2397.327 / 765.079
=3.13

Wuxi Longsheng Technology Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=605.784 / ((834.662 + 800.422) / 2 )
=605.784 / 817.542
=0.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wuxi Longsheng Technology Co  (SZSE:300680) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Wuxi Longsheng Technology Co Receivables Turnover Related Terms

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Wuxi Longsheng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.221-3, Chengnan Road, Wuxi New District, Jiangsu Province, Wuxi, CHN, 214028
Wuxi Longsheng Technology Co Ltd develops, produces and sells automotive emission treatment systems. The company is engaged in the research and development, production and sales of engine exhaust gas recirculation (EGR) systems, specializing in the production of advanced engine exhaust gas recirculation EGR systems, including EGR valves, control units (ECUs), Sensors, EGR coolers.
Executives
Tan Yuan Zhi Directors, executives
Ni Mao Sheng Director
Zheng Zhao Xing Supervisors
Wang Jin Shu Directors, executives

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