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Chase Science Co (SZSE:300941) Receivables Turnover : 0.51 (As of Sep. 2024)


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What is Chase Science 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. Chase Science Co's Revenue for the three months ended in Sep. 2024 was ¥42.1 Mil. Chase Science Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥81.7 Mil. Hence, Chase Science Co's Receivables Turnover for the three months ended in Sep. 2024 was 0.51.


Chase Science Co Receivables Turnover Historical Data

The historical data trend for Chase Science 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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Chase Science Co Receivables Turnover Chart

Chase Science Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.68 9.69 6.83 5.57 3.59

Chase Science Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.43 1.56 0.56 0.52 0.51

Competitive Comparison of Chase Science Co's Receivables Turnover

For the Software - Infrastructure subindustry, Chase Science 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.


Chase Science Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Chase Science Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chase Science Co's Receivables Turnover falls into.



Chase Science Co Receivables Turnover Calculation

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

Chase Science Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=261.245 / ((76.692 + 68.675) / 2 )
=261.245 / 72.6835
=3.59

Chase Science Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=42.074 / ((90.976 + 72.435) / 2 )
=42.074 / 81.7055
=0.51

* 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.


Chase Science Co  (SZSE:300941) 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.


Chase Science Co Receivables Turnover Related Terms

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Chase Science Co Business Description

Traded in Other Exchanges
N/A
Address
Kuaian Avenue, Science and Technology Park, 2nd Floor, Innovation Building, Fuzhou Development Zone, Fujian Province, Fuzhou, CHN, 350004
Chase Science Co Ltd operates as an electronic payment information technology solution provider. The company's products are to provide merchants and banks with software and hardware products and services related to electronic payment.
Executives
Peng Hong Yi Secretary, Director
Yang Liu Chu Supervisors
Cong Deng Gao Executives
Huang Zhong Heng Directors, executives
Jiang Xiu Yan Executives
Tian Wei Executives
Zhang Yue Jun Supervisors
Wu Zhen Lin Executives

Chase Science Co Headlines

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