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Jaingsu Yike Food Group Co (SZSE:301116) Receivables Turnover : 13.88 (As of Mar. 2025)


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What is Jaingsu Yike Food Group 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. Jaingsu Yike Food Group Co's Revenue for the three months ended in Mar. 2025 was ¥4,140 Mil. Jaingsu Yike Food Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥298 Mil. Hence, Jaingsu Yike Food Group Co's Receivables Turnover for the three months ended in Mar. 2025 was 13.88.


Jaingsu Yike Food Group Co Receivables Turnover Historical Data

The historical data trend for Jaingsu Yike Food Group 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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Jaingsu Yike Food Group Co Receivables Turnover Chart

Jaingsu Yike Food Group 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 94.67 61.12 40.30 51.43 78.97

Jaingsu Yike Food Group 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 10.82 12.83 16.05 19.29 13.88

Competitive Comparison of Jaingsu Yike Food Group Co's Receivables Turnover

For the Farm Products subindustry, Jaingsu Yike Food Group 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.


Jaingsu Yike Food Group Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jaingsu Yike Food Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jaingsu Yike Food Group Co's Receivables Turnover falls into.


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Jaingsu Yike Food Group Co Receivables Turnover Calculation

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

Jaingsu Yike Food Group 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 )
=20837.27 / ((307.583 + 220.166) / 2 )
=20837.27 / 263.8745
=78.97

Jaingsu Yike Food Group 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 )
=4139.837 / ((220.166 + 376.521) / 2 )
=4139.837 / 298.3435
=13.88

* 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.


Jaingsu Yike Food Group Co  (SZSE:301116) 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.


Jaingsu Yike Food Group Co Receivables Turnover Related Terms

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Jaingsu Yike Food Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Taihangshan Road, Suyu Economic Development Zone, Jiangsu Province, Suqian, CHN, 223800
Jaingsu Yike Food Group Co Ltd is engaged in poultry slaughter and processing, feed production and sales, commercial hatching and sales of poultry seedlings, and production and sales of cooked food and prepared products.

Jaingsu Yike Food Group Co Headlines

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