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China Carbon Graphite Group (China Carbon Graphite Group) Receivables Turnover : 41.00 (As of Sep. 2021)


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What is China Carbon Graphite Group 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 Carbon Graphite Group's Revenue for the three months ended in Sep. 2021 was $0.12 Mil. China Carbon Graphite Group's average Accounts Receivable for the three months ended in Sep. 2021 was $0.00 Mil. Hence, China Carbon Graphite Group's Receivables Turnover for the three months ended in Sep. 2021 was 41.00.

China Carbon Graphite Group Receivables Turnover Historical Data

The historical data trend for China Carbon Graphite Group'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.

China Carbon Graphite Group Receivables Turnover Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.32 36.78 295.60 72.00 107.25

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.33 - 3.00 31.50 41.00

Competitive Comparison of China Carbon Graphite Group's Receivables Turnover

For the Electrical Equipment & Parts subindustry, China Carbon Graphite Group'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 Carbon Graphite Group's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's Receivables Turnover falls into.


China Carbon Graphite Group Receivables Turnover Calculation

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

China Carbon Graphite Group's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=0.429 / ((0.004 + 0) / 1 )
=0.429 / 0.004
=107.25

China Carbon Graphite Group's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

Receivables Turnover (Q: Sep. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2021 ) / ((Accounts Receivable (Q: Jun. 2021 ) + Accounts Receivable (Q: Sep. 2021 )) / count )
=0.123 / ((0.002 + 0.004) / 2 )
=0.123 / 0.003
=41.00

* 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.

China Carbon Graphite Group  (OTCPK:CHGI) 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 Carbon Graphite Group Receivables Turnover Related Terms

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China Carbon Graphite Group (China Carbon Graphite Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Carbon Graphite Group Inc (OTCPK:CHGI) » Definitions » Receivables Turnover
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Traded in Other Exchanges
N/A
Address
20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
Website
http://www.chinacarboninc.com
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.