TIRXF (Tian Ruixiang Holdings) Receivables Turnover: 3.28 (As of Apr. 2025)

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What is Tian Ruixiang Holdings Receivables Turnover?

Tian Ruixiang Holdings TIRXF +50.00% Receivables Turnover is 3.28 as of Apr. 2025. Among 60 Insurance companies, Tian Ruixiang Holdings ranks better than 58.33% on this metric.

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. Tian Ruixiang Holdings's Revenue for the six months ended in Apr. 2025 was $2.82 Mil. Tian Ruixiang Holdings's average Accounts Receivable for the six months ended in Apr. 2025 was $0.86 Mil. Hence, Tian Ruixiang Holdings's Receivables Turnover for the six months ended in Apr. 2025 was 3.28.


Tian Ruixiang Holdings  (OTCPK:TIRXF) 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.


Tian Ruixiang Holdings Receivables Turnover Related Terms


Tian Ruixiang Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tian Ruixiang Holdings'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.

Tian Ruixiang Holdings Receivables Turnover Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Receivables Turnover
Get a 7-Day Free Trial 4.58 3.56 7.27 35.54 4.50

Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 8.79 7.80 13.19 4.28 3.28

TIRXF vs MRSH, AON, AJG: Receivables Turnover Comparison

For the Insurance Brokers subindustry, Tian Ruixiang Holdings'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.


Tian Ruixiang Holdings Receivables Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's Receivables Turnover falls into.



Tian Ruixiang Holdings Receivables Turnover Calculation

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

Tian Ruixiang Holdings's Receivables Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Receivables Turnover (A: Oct. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2024 ) / ((Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Oct. 2024 )) / count )
=3.219 / ((0.019 + 1.412) / 2 )
=3.219 / 0.7155
=4.50

Tian Ruixiang Holdings's Receivables Turnover for the quarter that ended in Apr. 2025 is calculated as

Receivables Turnover (Q: Apr. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2025 ) / ((Accounts Receivable (Q: Oct. 2024 ) + Accounts Receivable (Q: Apr. 2025 )) / count )
=2.823 / ((1.412 + 0.308) / 2 )
=2.823 / 0.86
=3.28

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.28 mean?
Tian Ruixiang Holdings (TIRXF) has a Receivables Turnover of 3.28 as of Apr. 2025. The accounts 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. View historical data on Tian Ruixiang Holdings and its competitors. According to the industry distribution chart, Tian Ruixiang Holdings ranks #25 out of 60 companies in the Insurance industry, placing it in the top 41.7%.
Is Tian Ruixiang Holdings' Receivables Turnover too high?
Tian Ruixiang Holdings' current Receivables Turnover is 3.28. The Insurance industry median Receivables Turnover is 7.59. Tian Ruixiang Holdings' value of 3.28 is 56.8% below this industry median. Based on the distribution chart, Tian Ruixiang Holdings ranks #25 out of 60 companies in the Insurance industry, which is above the industry midpoint.
How does Tian Ruixiang Holdings' Receivables Turnover compare to MRSH and AON?
According to the Insurance industry distribution chart, Tian Ruixiang Holdings ranks #25 out of 60 companies for Receivables Turnover. This puts Tian Ruixiang Holdings in the upper half of its industry. The industry median Receivables Turnover is 7.59. Tian Ruixiang Holdings' value of 3.28 is 56.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Insurance company?
The median Receivables Turnover among Insurance companies is 7.59, based on 60 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tian Ruixiang Holdings's current Receivables Turnover of 3.28 is 56.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Tian Ruixiang Holdings and its competitors. For the Insurance industry, the median Receivables Turnover is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Ruixiang Holdings's current Receivables Turnover is 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Ruixiang Holdings stock overvalued right now?
Tian Ruixiang Holdings (TIRXF) has a current Receivables Turnover of 3.28. The current Receivables Turnover is 3.28 and 56.8% below the Insurance industry median of 7.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Tian Ruixiang Holdings (TIRXF), the current Receivables Turnover is 3.28 as of Apr. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tian Ruixiang Holdings Business Description

Address Room 918, Jingding Building, Xicheng District, Beijing, CHN, 100000
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.