Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Receivables Turnover : 17.27 (As of Aug. 2023)

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What is Four Seasons Education (Cayman) 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. Four Seasons Education (Cayman)'s Revenue for the six months ended in Aug. 2023 was $8.53 Mil. Four Seasons Education (Cayman)'s average Accounts Receivable for the six months ended in Aug. 2023 was $0.49 Mil. Hence, Four Seasons Education (Cayman)'s Receivables Turnover for the six months ended in Aug. 2023 was 17.27.

Four Seasons Education (Cayman) Receivables Turnover Historical Data

The historical data trend for Four Seasons Education (Cayman)'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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Four Seasons Education (Cayman) Receivables Turnover Chart

Four Seasons Education (Cayman) Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Receivables Turnover

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97.69

370.70

367.69

209.26

22.19

Four Seasons Education (Cayman) Semi-Annual Data
	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Receivables Turnover	Get a 7-Day Free Trial											414.71	56.72	8.54	20.93	17.27

Competitive Comparison of Four Seasons Education (Cayman)'s Receivables Turnover

For the Education & Training Services subindustry, Four Seasons Education (Cayman)'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.

Four Seasons Education (Cayman)'s Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Four Seasons Education (Cayman)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Four Seasons Education (Cayman)'s Receivables Turnover falls into.

Four Seasons Education (Cayman) Receivables Turnover Calculation

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

Four Seasons Education (Cayman)'s Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Receivables Turnover (A: Feb. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2023 )	/ (	(Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )
=	5.004	/ (	(0.321	+	0.13)	/	2 )
=	5.004	/	0.2255
=	22.19

Four Seasons Education (Cayman)'s Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	8.53	/ (	(0.13	+	0.858)	/	2 )
=	8.53	/	0.494
=	17.27

Four Seasons Education (Cayman) (NYSE:FEDU) 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.

Four Seasons Education (Cayman) Receivables Turnover Related Terms

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Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Four Seasons Education (Cayman) Inc (NYSE:FEDU) » Definitions » Receivables Turnover

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Address

309 Yuyuan Road, Room 1301, Zi'an Building, Jing'an District, Shanghai, CHN, 200040

Website

http://www.sijiedu.com

Four Seasons Education (Cayman) Inc is engaged in the provision of after-school education services for kindergarten, elementary and middle school students. The company is a comprehensive educational enterprise that provides research practice services, educational informatization equipment, high-quality educational resources, and teacher training, as well as a digital publishing business, and continues to expand in educational research and educational informatization.