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Beijing Jiaman Dress Co (SZSE:301276) Receivables Turnover : 9.35 (As of Mar. 2024)


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What is Beijing Jiaman Dress 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. Beijing Jiaman Dress Co's Revenue for the three months ended in Mar. 2024 was ¥288 Mil. Beijing Jiaman Dress Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥31 Mil. Hence, Beijing Jiaman Dress Co's Receivables Turnover for the three months ended in Mar. 2024 was 9.35.


Beijing Jiaman Dress Co Receivables Turnover Historical Data

The historical data trend for Beijing Jiaman Dress 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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Beijing Jiaman Dress Co Receivables Turnover Chart

Beijing Jiaman Dress Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 14.26 21.94 31.21 30.68

Beijing Jiaman Dress Co Quarterly Data
Sep17 Dec17 Jun18 Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.68 10.06 8.37 13.81 9.35

Competitive Comparison of Beijing Jiaman Dress Co's Receivables Turnover

For the Apparel Manufacturing subindustry, Beijing Jiaman Dress 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.


Beijing Jiaman Dress Co's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Beijing Jiaman Dress Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing Jiaman Dress Co's Receivables Turnover falls into.



Beijing Jiaman Dress Co Receivables Turnover Calculation

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

Beijing Jiaman Dress 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 )
=1151.755 / ((36.582 + 38.495) / 2 )
=1151.755 / 37.5385
=30.68

Beijing Jiaman Dress Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=287.641 / ((38.495 + 23.063) / 2 )
=287.641 / 30.779
=9.35

* 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.


Beijing Jiaman Dress Co  (SZSE:301276) 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.


Beijing Jiaman Dress Co Receivables Turnover Related Terms

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Beijing Jiaman Dress Co (SZSE:301276) Business Description

Traded in Other Exchanges
N/A
Address
Gucheng West Street, Room 801, 8th Floor, Building 1, Yard 26, Shijingshan District, Beijing, CHN, 100043
Beijing Jiaman Dress Co Ltd is engaged in the research and development and design of children's clothing, brand operation and promotion, direct sales and franchise sales.
Executives
Shi Lei Directors, executives
Liu Wei Directors, executives

Beijing Jiaman Dress Co (SZSE:301276) Headlines

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