China Crystal New Material Holdings Co (XKRX:900250) Receivables Turnover : 1.13 (As of Dec. 2024)

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What is China Crystal New Material Holdings 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. China Crystal New Material Holdings Co's Revenue for the three months ended in Dec. 2024 was ₩28,330 Mil. China Crystal New Material Holdings Co's average Accounts Receivable for the three months ended in Dec. 2024 was ₩25,141 Mil. Hence, China Crystal New Material Holdings Co's Receivables Turnover for the three months ended in Dec. 2024 was 1.13.

China Crystal New Material Holdings Co Receivables Turnover Historical Data

The historical data trend for China Crystal New Material Holdings 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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China Crystal New Material Holdings Co Receivables Turnover Chart

China Crystal New Material Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.01

2.49

3.66

2.98

4.28

China Crystal New Material Holdings Co 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															0.77	1.06	1.14	1.10	1.13

Competitive Comparison of China Crystal New Material Holdings Co's Receivables Turnover

For the Chemicals subindustry, China Crystal New Material Holdings 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.

China Crystal New Material Holdings Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Crystal New Material Holdings Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Crystal New Material Holdings Co's Receivables Turnover falls into.

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China Crystal New Material Holdings Co Receivables Turnover Calculation

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

China Crystal New Material Holdings 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 )
=	98175.321	/ (	(18623.933	+	27228.281)	/	2 )
=	98175.321	/	22926.107
=	4.28

China Crystal New Material Holdings Co'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 )
=	28329.607	/ (	(23053.62	+	27228.281)	/	2 )
=	28329.607	/	25140.9505
=	1.13

China Crystal New Material Holdings Co (XKRX:900250) 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.

China Crystal New Material Holdings Co Receivables Turnover Related Terms

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China Crystal New Material Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Crystal New Material Holdings Co Ltd (XKRX:900250) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Artemis House, 75 Fort Street, George Town, P.O. Box 31493, Grand Cayman, CYM, KY1-1206

Website

http://www.chinacrystal.com.tw

China Crystal New Material Holdings Co Ltd is a manufacturer of industrial materials. Its principal products cover six categories over 100 varieties, including synthetic mica flake, nature wet ground mica powder, synthetic wet ground mica powder, synthetic wet ground mica powder as a cosmetic class, synthetic wet ground mica powder as fillers and fire-resistant synthetic mica tape. The products are widely used in modern industries including aviation, aerospace, metallurgy, electronics, chemicals, textiles, machinery, high-grade inks, cosmetics, fine ceramics, plastics, and atomic energy industry.

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