Chengdu TangYuan Electric Co (SZSE:300789) Receivables Turnover : 0.13 (As of Mar. 2025)

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What is Chengdu TangYuan Electric 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. Chengdu TangYuan Electric Co's Revenue for the three months ended in Mar. 2025 was ¥80.2 Mil. Chengdu TangYuan Electric Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥602.2 Mil. Hence, Chengdu TangYuan Electric Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.13.

Chengdu TangYuan Electric Co Receivables Turnover Historical Data

The historical data trend for Chengdu TangYuan Electric 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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Chengdu TangYuan Electric Co Receivables Turnover Chart

Chengdu TangYuan Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.58

1.80

1.54

1.57

1.18

Chengdu TangYuan Electric 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															0.20	0.49	0.28	0.34	0.13

Competitive Comparison of Chengdu TangYuan Electric Co's Receivables Turnover

For the Railroads subindustry, Chengdu TangYuan Electric 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.

Chengdu TangYuan Electric Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chengdu TangYuan Electric Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chengdu TangYuan Electric Co's Receivables Turnover falls into.

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Chengdu TangYuan Electric Co Receivables Turnover Calculation

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

Chengdu TangYuan Electric 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 )
=	639.787	/ (	(475.748	+	607.45)	/	2 )
=	639.787	/	541.599
=	1.18

Chengdu TangYuan Electric 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 )
=	80.249	/ (	(607.45	+	597.017)	/	2 )
=	80.249	/	602.2335
=	0.13

Chengdu TangYuan Electric Co (SZSE:300789) 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.

Chengdu TangYuan Electric Co Receivables Turnover Related Terms

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Chengdu TangYuan Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chengdu TangYuan Electric Co Ltd (SZSE:300789) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Wukexi 1st Road, Wuhou District, Sichuan Province, Chengdu, CHN, 610046

Website

http://www.cdtye.com

Chengdu TangYuan Electric Co Ltd is a rail transit operation and maintenance solution provider. Its main business is traction power supply and public works engineering for the rail transit industry. It is also engaged in the development, manufacturing and sales of inspection and monitoring and information management systems.

Executives

Jin You Tao	Executives
Wang Rui Feng	Directors, executives
Yang Pin	Supervisors
She Chao Fu	Directors, executives

Chengdu TangYuan Electric Co Headlines

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