Suzhou Xianglou New Material Co (SZSE:301160) Receivables Turnover : 0.79 (As of Mar. 2025)

View and export this data going back to 2022. Start your Free Trial

What is Suzhou Xianglou New Material 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. Suzhou Xianglou New Material Co's Revenue for the three months ended in Mar. 2025 was ¥332 Mil. Suzhou Xianglou New Material Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥419 Mil. Hence, Suzhou Xianglou New Material Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.79.

Suzhou Xianglou New Material Co Receivables Turnover Historical Data

The historical data trend for Suzhou Xianglou New Material 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.

* Premium members only.

Suzhou Xianglou New Material Co Receivables Turnover Chart

Suzhou Xianglou New Material Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.39

3.92

3.68

3.45

3.37

Suzhou Xianglou New Material 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															0.87	0.95	0.96	0.98	0.79

Competitive Comparison of Suzhou Xianglou New Material Co's Receivables Turnover

For the Metal Fabrication subindustry, Suzhou Xianglou New Material 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.

Suzhou Xianglou New Material Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Xianglou New Material Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Suzhou Xianglou New Material Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Suzhou Xianglou New Material Co Receivables Turnover Calculation

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

Suzhou Xianglou New Material 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 )
=	1485.344	/ (	(429.832	+	451.765)	/	2 )
=	1485.344	/	440.7985
=	3.37

Suzhou Xianglou New Material 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 )
=	332.077	/ (	(451.765	+	385.943)	/	2 )
=	332.077	/	418.854
=	0.79

Suzhou Xianglou New Material Co (SZSE:301160) 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.

Suzhou Xianglou New Material Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Suzhou Xianglou New Material Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Suzhou Xianglou New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Xianglou New Material Co Ltd (SZSE:301160) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 285, Xueying Road, Badi Street, Xinying Village, Wujiang District, Jiangsu Province, Suzhou, CHN, 215200

Website

https://www.xl-nm.com

Suzhou Xianglou New Material Co Ltd is engaged in the production and sales of customized precision stamping special steel materials. Its products include special structural steels such as carbon structural steel and alloy structural steel, and special-purpose steels such as spring steel, bearing steel, and tool steel. The company's products are mainly used for various types of automotive precision stamping parts, and the application range covers structural parts and functional parts such as automotive engine systems, transmission and clutch systems, seat systems, and interior systems.

Executives

Zhang Yu Ping	Directors, executives
Tang Wei Guo	Directors, executives
Cao Ju Fen	Directors, executives
Zhou Hui	Directors, executives

Suzhou Xianglou New Material Co Headlines

No Headlines