Tian An Medicare (HKSE:00383) Receivables Turnover : 8.59 (As of Dec. 2023)

Tian An Medicare Receivables Turnover Chart

Tian An Medicare Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					10.00	10.67	10.61	13.04	20.16

Tian An Medicare Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															4.46	4.70	5.93	8.61	8.59

Competitive Comparison of Tian An Medicare's Receivables Turnover

For the Medical Care Facilities subindustry, Tian An Medicare'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.

Tian An Medicare's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tian An Medicare's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tian An Medicare's Receivables Turnover falls into.

Tian An Medicare Receivables Turnover Calculation

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

Tian An Medicare's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Tian An Medicare's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Tian An Medicare  (HKSE:00383) 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.

Tian An Medicare Receivables Turnover Related Terms

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Tian An Medicare (HKSE:00383) Business Description