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Zhejiang Tailin Bioengineering Co (SZSE:300813) Receivables Turnover : 1.52 (As of Mar. 2025)


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What is Zhejiang Tailin Bioengineering 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. Zhejiang Tailin Bioengineering Co's Revenue for the three months ended in Mar. 2025 was ¥66.9 Mil. Zhejiang Tailin Bioengineering Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥44.0 Mil. Hence, Zhejiang Tailin Bioengineering Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.52.


Zhejiang Tailin Bioengineering Co Receivables Turnover Historical Data

The historical data trend for Zhejiang Tailin Bioengineering 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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Zhejiang Tailin Bioengineering Co Receivables Turnover Chart

Zhejiang Tailin Bioengineering 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 9.00 10.05 9.22 6.86 8.77

Zhejiang Tailin Bioengineering 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 2.40 2.02 1.95 2.44 1.52

Competitive Comparison of Zhejiang Tailin Bioengineering Co's Receivables Turnover

For the Medical Devices subindustry, Zhejiang Tailin Bioengineering 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.


Zhejiang Tailin Bioengineering Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhejiang Tailin Bioengineering Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Tailin Bioengineering Co's Receivables Turnover falls into.


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Zhejiang Tailin Bioengineering Co Receivables Turnover Calculation

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

Zhejiang Tailin Bioengineering 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 )
=348.998 / ((36.082 + 43.547) / 2 )
=348.998 / 39.8145
=8.77

Zhejiang Tailin Bioengineering 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 )
=66.939 / ((43.547 + 44.473) / 2 )
=66.939 / 44.01
=1.52

* 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.


Zhejiang Tailin Bioengineering Co  (SZSE:300813) 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.


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Zhejiang Tailin Bioengineering Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2930, Nanhuan Road, Binjiang District, Hangzhou, CHN, 310052
Zhejiang Tailin Bioengineering Co Ltd is engaged in designing, manufacturing, and selling the Microbial test and control equipments in China.
Executives
Xia Xin Qun Directors, executives
Ye Xing Yue Secretary Dong
Shen Zhi Lin Directors, executives
Ye Da Lin Directors, executives
Ni Wei Ju Director

Zhejiang Tailin Bioengineering Co Headlines

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