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Runa Smart Equipment Co (SZSE:301129) Receivables Turnover : 0.68 (As of Dec. 2024)


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What is Runa Smart Equipment 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. Runa Smart Equipment Co's Revenue for the three months ended in Dec. 2024 was ¥329.7 Mil. Runa Smart Equipment Co's average Accounts Receivable for the three months ended in Dec. 2024 was ¥485.9 Mil. Hence, Runa Smart Equipment Co's Receivables Turnover for the three months ended in Dec. 2024 was 0.68.


Runa Smart Equipment Co Receivables Turnover Historical Data

The historical data trend for Runa Smart Equipment 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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Runa Smart Equipment Co Receivables Turnover Chart

Runa Smart Equipment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 2.57 2.17 1.62 0.84 0.80

Runa Smart Equipment Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.52 0.06 0.10 0.06 0.68

Competitive Comparison of Runa Smart Equipment Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Runa Smart Equipment 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.


Runa Smart Equipment Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Runa Smart Equipment Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Runa Smart Equipment Co's Receivables Turnover falls into.


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Runa Smart Equipment Co Receivables Turnover Calculation

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

Runa Smart Equipment 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 )
=427.978 / ((520.653 + 547.909) / 2 )
=427.978 / 534.281
=0.80

Runa Smart Equipment Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=329.65 / ((423.95 + 547.909) / 2 )
=329.65 / 485.9295
=0.68

* 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.


Runa Smart Equipment Co  (SZSE:301129) 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.


Runa Smart Equipment Co Receivables Turnover Related Terms

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Runa Smart Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 039, East Fengxia Road, Shuangfeng Economic Development Zone, Anhui Province, Changfeng, CHN, 231131
Runa Smart Equipment Co Ltd is engaged in the research, development and production of heating and energy-saving products and , design and implementation of heating and energy-saving solutions.
Executives
Chen Chao Hui Directors, executives, directors
Qian Lv Qiu Director

Runa Smart Equipment Co Headlines

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