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G-Vision International (Holdings) (HKSE:00657) Receivables Turnover : 13.14 (As of Sep. 2023)


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What is G-Vision International (Holdings) 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. G-Vision International (Holdings)'s Revenue for the six months ended in Sep. 2023 was HK$24.42 Mil. G-Vision International (Holdings)'s average Accounts Receivable for the six months ended in Sep. 2023 was HK$1.86 Mil. Hence, G-Vision International (Holdings)'s Receivables Turnover for the six months ended in Sep. 2023 was 13.14.


G-Vision International (Holdings) Receivables Turnover Historical Data

The historical data trend for G-Vision International (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.

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G-Vision International (Holdings) Receivables Turnover Chart

G-Vision International (Holdings) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.55 237.79 408.49 1,317.67 27.07

G-Vision International (Holdings) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 13.34 19.35 9.63 12.89 13.14

Competitive Comparison of G-Vision International (Holdings)'s Receivables Turnover

For the Restaurants subindustry, G-Vision International (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.


G-Vision International (Holdings)'s Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, G-Vision International (Holdings)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where G-Vision International (Holdings)'s Receivables Turnover falls into.



G-Vision International (Holdings) Receivables Turnover Calculation

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

G-Vision International (Holdings)'s Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=45.181 / ((0 + 1.669) / 1 )
=45.181 / 1.669
=27.07

G-Vision International (Holdings)'s Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=24.422 / ((1.669 + 2.047) / 2 )
=24.422 / 1.858
=13.14

* 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.


G-Vision International (Holdings)  (HKSE:00657) 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.


G-Vision International (Holdings) Receivables Turnover Related Terms

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G-Vision International (Holdings) (HKSE:00657) Business Description

Traded in Other Exchanges
N/A
Address
98 Granville Road, Unit 108, 1st Floor, East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
G-Vision International (Holdings) Ltd is an investment holding company. The company's segment includes Restaurant operations in Hong Kong and Property development in Australia. It generates maximum revenue from the Restaurant operations segment.

G-Vision International (Holdings) (HKSE:00657) Headlines

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