ZHYBF (Zhong Yuan Bio-Technology Holdings) Receivables Turnover: 0.75 (As of Mar. 2024)

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ZHYBF Zhong Yuan Bio-Technology Holdings Ltd ZHYBF
12 GF Score
Price $2.02
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What is Zhong Yuan Bio-Technology Holdings Receivables Turnover?

Zhong Yuan Bio-Technology Holdings ZHYBF -100.00% 12 Receivables Turnover is 0.75 as of Mar. 2024. GuruFocus rates ZHYBF with a GF Score™ of 12/100.

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. Zhong Yuan Bio-Technology Holdings's Revenue for the six months ended in Mar. 2024 was $0.70 Mil. Zhong Yuan Bio-Technology Holdings's average Accounts Receivable for the six months ended in Mar. 2024 was $0.93 Mil. Hence, Zhong Yuan Bio-Technology Holdings's Receivables Turnover for the six months ended in Mar. 2024 was 0.75.


Zhong Yuan Bio-Technology Holdings  (OTCPK:ZHYBF) 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.


Zhong Yuan Bio-Technology Holdings Receivables Turnover Related Terms


Zhong Yuan Bio-Technology Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhong Yuan Bio-Technology 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.

Zhong Yuan Bio-Technology Holdings Receivables Turnover Chart

Zhong Yuan Bio-Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.52 5.50 10.15 6.07 3.98

Zhong Yuan Bio-Technology Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.72 2.25 2.21 2.24 0.75

ZHYBF vs CLNN, JVA, STCB: Receivables Turnover Comparison

For the Packaged Foods subindustry, Zhong Yuan Bio-Technology 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.


Zhong Yuan Bio-Technology Holdings Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhong Yuan Bio-Technology Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhong Yuan Bio-Technology Holdings's Receivables Turnover falls into.


ZHYBF
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Zhong Yuan Bio-Technology Holdings Ltd ZHYBF
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Zhong Yuan Bio-Technology Holdings Receivables Turnover Calculation

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

Zhong Yuan Bio-Technology Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=2.278 / ((0.354 + 0.791) / 2 )
=2.278 / 0.5725
=3.98

Zhong Yuan Bio-Technology Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.698 / ((1.059 + 0.791) / 2 )
=0.698 / 0.925
=0.75

* 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 0.75 mean?
Zhong Yuan Bio-Technology Holdings (ZHYBF) has a Receivables Turnover of 0.75 as of Mar. 2024. 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 Zhong Yuan Bio-Technology Holdings and its competitors.
Is Zhong Yuan Bio-Technology Holdings' Receivables Turnover too high?
Zhong Yuan Bio-Technology Holdings' current Receivables Turnover is 0.75. The Consumer Packaged Goods industry median Receivables Turnover is 9.45. Zhong Yuan Bio-Technology Holdings' value of 0.75 is 92.1% below this industry median. Overall, Zhong Yuan Bio-Technology Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Zhong Yuan Bio-Technology Holdings' Receivables Turnover compare to CLNN and JVA?
Zhong Yuan Bio-Technology Holdings' Receivables Turnover of 0.75 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.45. Zhong Yuan Bio-Technology Holdings' value of 0.75 is 92.1% 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 a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.45, based on 1,956 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. Zhong Yuan Bio-Technology Holdings's current Receivables Turnover of 0.75 is 92.1% 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 Zhong Yuan Bio-Technology Holdings and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhong Yuan Bio-Technology Holdings's current Receivables Turnover is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Yuan Bio-Technology Holdings stock overvalued right now?
Zhong Yuan Bio-Technology Holdings (ZHYBF) has a current Receivables Turnover of 0.75. The current Receivables Turnover is 0.75 and 92.1% below the Consumer Packaged Goods industry median of 9.45. Zhong Yuan Bio-Technology Holdings' overall GF Score™ is 12/100. 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 Zhong Yuan Bio-Technology Holdings (ZHYBF), the current Receivables Turnover is 0.75 as of Mar. 2024. 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.

Zhong Yuan Bio-Technology Holdings Business Description

Address 28 Queen’s Road East, Suite 901, Tesbury Centre, Wanchai, Hong Kong, HKG
Zhong Yuan Bio-Technology Holdings Ltd is engaged in the business of developing and marketing nervonic acid-based health supplements and sales of acer truncatum seedlings. The company has two reportable segments such as sales of health care supplements and technical supporting services. The company generates its revenue primarily from the sales of health care supplements.
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