Zhengzhou Tiamaes Technology Co (SZSE:300807) Receivables Turnover : 0.16 (As of Mar. 2025)

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What is Zhengzhou Tiamaes Technology 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. Zhengzhou Tiamaes Technology Co's Revenue for the three months ended in Mar. 2025 was ¥31.5 Mil. Zhengzhou Tiamaes Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥202.7 Mil. Hence, Zhengzhou Tiamaes Technology Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.16.

Zhengzhou Tiamaes Technology Co Receivables Turnover Historical Data

The historical data trend for Zhengzhou Tiamaes Technology 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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Zhengzhou Tiamaes Technology Co Receivables Turnover Chart

Zhengzhou Tiamaes Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.10

1.17

1.62

1.04

0.74

Zhengzhou Tiamaes Technology 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															0.06	0.11	0.10	0.54	0.16

Competitive Comparison of Zhengzhou Tiamaes Technology Co's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Zhengzhou Tiamaes Technology 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.

Zhengzhou Tiamaes Technology Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhengzhou Tiamaes Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhengzhou Tiamaes Technology Co's Receivables Turnover falls into.

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Zhengzhou Tiamaes Technology Co Receivables Turnover Calculation

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

Zhengzhou Tiamaes Technology 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 )
=	163.65	/ (	(228.254	+	212.905)	/	2 )
=	163.65	/	220.5795
=	0.74

Zhengzhou Tiamaes Technology 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 )
=	31.464	/ (	(212.905	+	192.532)	/	2 )
=	31.464	/	202.7185
=	0.16

Zhengzhou Tiamaes Technology Co (SZSE:300807) 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.

Zhengzhou Tiamaes Technology Co Receivables Turnover Related Terms

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Zhengzhou Tiamaes Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhengzhou Tiamaes Technology Co Ltd (SZSE:300807) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 316 Lianhua Street, Room 106-606, Room 108-608, Building 10, High-tech Zone, Henan Province, Zhengzhou, CHN, 450001

Website

http://www.tiamaes.com

Zhengzhou Tiamaes Technology Co Ltd operates as a specialized in urban public transport intelligent dispatching platform and research and development and design, production and sales of vehicle electronic products. The company is a provider of information system about urban intelligent transportation solutions and 2G/3G video/GPS/BDS beidou monitoring solutions in domestic,mainly engaged in the development,production and sales of medium andhigh-end system integrated products based on the above solutions,at present has formed the business structure with the vehicle network application field products as main products,with the whole urban bus intelligent solutions as fist products.

Executives

Shi Lei Lei	Supervisors
Zhang Zhen Hua	Executives
Si Ai Jun	Independent director

Zhengzhou Tiamaes Technology Co Headlines

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