Shenzhen S.C New Energy Technology (SZSE:300724) Receivables Turnover : 1.06 (As of Mar. 2025)

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What is Shenzhen S.C New Energy Technology 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. Shenzhen S.C New Energy Technology's Revenue for the three months ended in Mar. 2025 was ¥4,099 Mil. Shenzhen S.C New Energy Technology's average Accounts Receivable for the three months ended in Mar. 2025 was ¥3,878 Mil. Hence, Shenzhen S.C New Energy Technology's Receivables Turnover for the three months ended in Mar. 2025 was 1.06.

Shenzhen S.C New Energy Technology Receivables Turnover Historical Data

The historical data trend for Shenzhen S.C New Energy Technology'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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Shenzhen S.C New Energy Technology Receivables Turnover Chart

Shenzhen S.C New Energy Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.44

4.34

3.78

3.66

5.81

Shenzhen S.C New Energy Technology 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															0.87	1.21	1.56	1.81	1.06

Competitive Comparison of Shenzhen S.C New Energy Technology's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Shenzhen S.C New Energy Technology'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.

Shenzhen S.C New Energy Technology's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen S.C New Energy Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen S.C New Energy Technology's Receivables Turnover falls into.

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Shenzhen S.C New Energy Technology Receivables Turnover Calculation

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

Shenzhen S.C New Energy Technology'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 )
=	18887.205	/ (	(2918.122	+	3580.6)	/	2 )
=	18887.205	/	3249.361
=	5.81

Shenzhen S.C New Energy Technology'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 )
=	4099.121	/ (	(3580.6	+	4175.246)	/	2 )
=	4099.121	/	3877.923
=	1.06

Shenzhen S.C New Energy Technology (SZSE:300724) 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.

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Shenzhen S.C New Energy Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen S.C New Energy Technology Corp (SZSE:300724) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 62, Jinniu East Road, Longtian Street, 1st to 6th Floor, Zhukeng Community, Pingshan District, Shenzhen, CHN, 518115

Website

http://www.chinasc.com.cn

Shenzhen S.C New Energy Technology Corp is a Chinese photo-voltaic and green energy equipment manufacturer. The company offerings are categorized into five categories from mono/multi-Crystalline texturing equipment, diffusion furnace, PSG removal and edge isolation equipment, PECVD to intelligent automation equipment. Its products include Automatic Mono-Crystalline Texturing Equipment, DOA Equipment, Integrated Mono-crystalline/ MCCE Texturing Equipment, Automatic Ultrasonic Wafer Cleaning Equipment, Drying oven, LED devices, and also offers Crystalline Solar Cell Production Line Turnkey Solution.

Executives

Liang Mei Zhen	Director
Li Shi Jun	Directors, executives
Zuo Guo Jun	Directors, executives
Wu Bo	Directors, executives
Zhang Yong	Supervisors

Shenzhen S.C New Energy Technology Headlines

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