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Pharma Block Sciences (Nanjing) (SZSE:300725) Receivables Turnover : 0.96 (As of Sep. 2024)


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What is Pharma Block Sciences (Nanjing) 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. Pharma Block Sciences (Nanjing)'s Revenue for the three months ended in Sep. 2024 was ¥383 Mil. Pharma Block Sciences (Nanjing)'s average Accounts Receivable for the three months ended in Sep. 2024 was ¥399 Mil. Hence, Pharma Block Sciences (Nanjing)'s Receivables Turnover for the three months ended in Sep. 2024 was 0.96.


Pharma Block Sciences (Nanjing) Receivables Turnover Historical Data

The historical data trend for Pharma Block Sciences (Nanjing)'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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Pharma Block Sciences (Nanjing) Receivables Turnover Chart

Pharma Block Sciences (Nanjing) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.55 8.29 6.52 6.00 4.29

Pharma Block Sciences (Nanjing) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.09 0.94 0.81 0.86 0.96

Competitive Comparison of Pharma Block Sciences (Nanjing)'s Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Pharma Block Sciences (Nanjing)'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.


Pharma Block Sciences (Nanjing)'s Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pharma Block Sciences (Nanjing)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pharma Block Sciences (Nanjing)'s Receivables Turnover falls into.


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Pharma Block Sciences (Nanjing) Receivables Turnover Calculation

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

Pharma Block Sciences (Nanjing)'s Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1725.204 / ((330.205 + 473.627) / 2 )
=1725.204 / 401.916
=4.29

Pharma Block Sciences (Nanjing)'s Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=383.026 / ((399.728 + 398.724) / 2 )
=383.026 / 399.226
=0.96

* 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.


Pharma Block Sciences (Nanjing)  (SZSE:300725) 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.


Pharma Block Sciences (Nanjing) Receivables Turnover Related Terms

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Pharma Block Sciences (Nanjing) Business Description

Traded in Other Exchanges
N/A
Address
10 Xuefu Road, Nanjing High-tech Industrial Development Zone, Jiangsu, Nanjing, 210032, CHN, 210032
Pharma Block Sciences (Nanjing) Inc is a chemistry products and services provider through the pharmaceutical research and development process. Its core business activities include pilot plant and commercial manufacturing of key intermediates and active pharmaceutical ingredient, process development, custom synthesis and building blocks.
Executives
Yang Min Min Directors, executives
Directors, executives
Chen La Mei Executives
Wu Xi Han Director
Executives
Directors, executives
Luo Fei Supervisors

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