BYT Holdings (XCNQ:BYT) Receivables Turnover : 0.46 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is BYT Holdings 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. BYT Holdings's Revenue for the three months ended in Dec. 2024 was C$0.42 Mil. BYT Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.91 Mil. Hence, BYT Holdings's Receivables Turnover for the three months ended in Dec. 2024 was 0.46.

BYT Holdings Receivables Turnover Historical Data

The historical data trend for BYT 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.

* Premium members only.

BYT Holdings Receivables Turnover Chart

BYT Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

5.13

6.03

5.77

5.55

3.70

BYT Holdings 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															0.54	0.90	1.54	1.41	0.46

Competitive Comparison of BYT Holdings's Receivables Turnover

For the Engineering & Construction subindustry, BYT 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.

BYT Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, BYT Holdings's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

BYT Holdings Receivables Turnover Calculation

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

BYT Holdings'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 )
=	3.22	/ (	(0.854	+	0.886)	/	2 )
=	3.22	/	0.87
=	3.70

BYT Holdings'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 )
=	0.416	/ (	(0.937	+	0.886)	/	2 )
=	0.416	/	0.9115
=	0.46

BYT Holdings (XCNQ:BYT) 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.

BYT Holdings Receivables Turnover Related Terms

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

BYT Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » BYT Holdings Ltd (XCNQ:BYT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Georgia Street, 1500 Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.bytholdings.com

BYT Holdings Ltd is principally engaged in the business of providing engineering and related services. The group derives its income through its engineering contracts, rendering of service, and trading of engineering spare parts to its customers mainly in Singapore and Mainland China. Geographically it generates the majority of its revenue from Singapore.

BYT Holdings Headlines

No Headlines