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Citic Press (SZSE:300788) Receivables Turnover : 7.85 (As of Mar. 2025)


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What is Citic Press 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. Citic Press's Revenue for the three months ended in Mar. 2025 was ¥419 Mil. Citic Press's average Accounts Receivable for the three months ended in Mar. 2025 was ¥53 Mil. Hence, Citic Press's Receivables Turnover for the three months ended in Mar. 2025 was 7.85.


Citic Press Receivables Turnover Historical Data

The historical data trend for Citic Press'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.

* Premium members only.

Citic Press Receivables Turnover Chart

Citic Press 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 19.67 18.97 17.57 19.49 28.22

Citic Press 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 5.69 4.70 4.55 6.44 7.85

Competitive Comparison of Citic Press's Receivables Turnover

For the Publishing subindustry, Citic Press'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.


Citic Press's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Citic Press's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Citic Press's Receivables Turnover falls into.


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Citic Press Receivables Turnover Calculation

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

Citic Press'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 )
=1687.48 / ((58.142 + 61.434) / 2 )
=1687.48 / 59.788
=28.22

Citic Press'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 )
=418.741 / ((61.434 + 45.252) / 2 )
=418.741 / 53.343
=7.85

* 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.


Citic Press  (SZSE:300788) 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.


Citic Press Receivables Turnover Related Terms

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Citic Press Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Huixin East Street, 8-10 floors, Block 2, Fusheng Building, Chaoyang District, Beijing, CHN, 100029
Citic Press Corp is engaged in the book publishing and distribution activities.

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