Haier Smart Home Co (XTER:690D) Receivables Turnover : 2.85 (As of Mar. 2025)

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What is Haier Smart Home 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. Haier Smart Home Co's Revenue for the three months ended in Mar. 2025 was €10,095 Mil. Haier Smart Home Co's average Accounts Receivable for the three months ended in Mar. 2025 was €3,538 Mil. Hence, Haier Smart Home Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.85.

Haier Smart Home Co Receivables Turnover Historical Data

The historical data trend for Haier Smart Home 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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Haier Smart Home Co Receivables Turnover Chart

Haier Smart Home Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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15.43

15.64

15.77

13.91

11.75

Haier Smart Home Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															3.23	2.82	3.00	3.52	2.85

Competitive Comparison of Haier Smart Home Co's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.

Haier Smart Home Co's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Receivables Turnover falls into.

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Haier Smart Home Co Receivables Turnover Calculation

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

Haier Smart Home 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 )
=	37511.787	/ (	(2913.117	+	3472.429)	/	2 )
=	37511.787	/	3192.773
=	11.75

Haier Smart Home Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	10095.362	/ (	(3472.429	+	3602.859)	/	2 )
=	10095.362	/	3537.644
=	2.85

Haier Smart Home Co (XTER:690D) 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.

Haier Smart Home Co Receivables Turnover Related Terms

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Haier Smart Home Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (XTER:690D) » Definitions » Receivables Turnover

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Traded in Other Exchanges

HSHCY:USA HRSHF:USA QIHCF:USA 06690:Hong Kong 600690:China 690D:Austria

Address

Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2024, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.

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