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Shenzhen Zhilai Sci And Tech Co (SZSE:300771) Receivables Turnover : 1.48 (As of Mar. 2025)


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What is Shenzhen Zhilai Sci And Tech 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. Shenzhen Zhilai Sci And Tech Co's Revenue for the three months ended in Mar. 2025 was ¥98.3 Mil. Shenzhen Zhilai Sci And Tech Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥66.2 Mil. Hence, Shenzhen Zhilai Sci And Tech Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.48.


Shenzhen Zhilai Sci And Tech Co Receivables Turnover Historical Data

The historical data trend for Shenzhen Zhilai Sci And Tech 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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Shenzhen Zhilai Sci And Tech Co Receivables Turnover Chart

Shenzhen Zhilai Sci And Tech 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 12.94 11.56 7.14 5.12 5.90

Shenzhen Zhilai Sci And Tech 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 1.28 1.99 2.59 2.21 1.48

Competitive Comparison of Shenzhen Zhilai Sci And Tech Co's Receivables Turnover

For the Security & Protection Services subindustry, Shenzhen Zhilai Sci And Tech 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.


Shenzhen Zhilai Sci And Tech Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen Zhilai Sci And Tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Zhilai Sci And Tech Co's Receivables Turnover falls into.


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Shenzhen Zhilai Sci And Tech Co Receivables Turnover Calculation

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

Shenzhen Zhilai Sci And Tech 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 )
=450.985 / ((74.672 + 78.114) / 2 )
=450.985 / 76.393
=5.90

Shenzhen Zhilai Sci And Tech 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 )
=98.324 / ((78.114 + 54.343) / 2 )
=98.324 / 66.2285
=1.48

* 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.


Shenzhen Zhilai Sci And Tech Co  (SZSE:300771) 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.


Shenzhen Zhilai Sci And Tech Co Receivables Turnover Related Terms

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Shenzhen Zhilai Sci And Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 120, Jianshe West Road, Matan Street, No. 507 Heshuikou Community, Guangming District, Guangdong, Shenzhen, CHN, 518129
Shenzhen Zhilai Sci And Tech Co Ltd is a locker manufacturer based in China. It is specialized in electronic lockers research and development, manufacturing, sales and relative services. The product portfolio of the company includes Smart Parcel Locker, RFID Storage Locker and Random Barcode Locker among others.
Executives
Zhang Ou Supervisors
Wang Xing Ping Directors, executives
Yi Ming Li Director
Wang He Ping Independent director

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