Shenzhen Ampron Technology Co (SZSE:301413) Receivables Turnover : 0.60 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shenzhen Ampron Technology 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. Shenzhen Ampron Technology Co's Revenue for the three months ended in Mar. 2024 was ¥183.8 Mil. Shenzhen Ampron Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥305.7 Mil. Hence, Shenzhen Ampron Technology Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.60.

Shenzhen Ampron Technology Co Receivables Turnover Historical Data

The historical data trend for Shenzhen Ampron Technology 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.

Shenzhen Ampron Technology Co Receivables Turnover Chart

Shenzhen Ampron Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.15

3.71

3.83

3.05

2.60

Shenzhen Ampron Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial										0.60	0.66	0.61	0.66	0.60

Competitive Comparison of Shenzhen Ampron Technology Co's Receivables Turnover

For the Electronic Components subindustry, Shenzhen Ampron Technology 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.

Shenzhen Ampron Technology Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Ampron Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Ampron Technology Co's Receivables Turnover falls into.

Shenzhen Ampron Technology Co Receivables Turnover Calculation

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

Shenzhen Ampron Technology 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 )
=	746.571	/ (	(269.716	+	305.265)	/	2 )
=	746.571	/	287.4905
=	2.60

Shenzhen Ampron Technology 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 )
=	183.796	/ (	(305.265	+	306.194)	/	2 )
=	183.796	/	305.7295
=	0.60

Shenzhen Ampron Technology Co (SZSE:301413) 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.

Shenzhen Ampron Technology Co Receivables Turnover Related Terms

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

Shenzhen Ampron Technology Co (SZSE:301413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Ampron Technology Co Ltd (SZSE:301413) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Juyuan Road, Kengzi Street, Room 201, Building 1A/1B/2, Ampelon Intelligent Sensor Industrial Park, Jinsha Community, Pingshan, Guangdong, Shenzhen City, CHN

Website

https://www.ampron.com

Shenzhen Ampron Technology Co Ltd is engaged in engaged in research & development, manufacturing, sales and service of sensors. Its products include pressure sensors, oxygen sensors, etc. Sensors, temperature sensors, PTC thermistors, NTC thermistors, etc. The products are widely used in automobiles, smart homes, smart medical care, Internet of Things, consumer electronics, aerospace, industrial control and other fields.

Shenzhen Ampron Technology Co (SZSE:301413) Headlines

No Headlines