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Royal International (HSTC:RIC) Receivables Turnover : 1.36 (As of Mar. 2022)


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What is Royal International 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. Royal International's Revenue for the three months ended in Mar. 2022 was ₫8,810 Mil. Royal International's average Accounts Receivable for the three months ended in Mar. 2022 was ₫6,493 Mil. Hence, Royal International's Receivables Turnover for the three months ended in Mar. 2022 was 1.36.


Royal International Receivables Turnover Historical Data

The historical data trend for Royal International'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.

Royal International Receivables Turnover Chart

Royal International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 7.30 7.73 14.20 17.72

Royal International Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 8.89 6.39 2.13 1.12 1.36

Competitive Comparison of Royal International's Receivables Turnover

For the Resorts & Casinos subindustry, Royal International'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.


Royal International's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Royal International's Receivables Turnover falls into.



Royal International Receivables Turnover Calculation

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

Royal International's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=74899.743 / ((2104.587 + 6348.098) / 2 )
=74899.743 / 4226.3425
=17.72

Royal International's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=8810.44 / ((6348.098 + 6637.33) / 2 )
=8810.44 / 6492.714
=1.36

* 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.


Royal International  (HSTC:RIC) 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.


Royal International Receivables Turnover Related Terms

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Royal International (HSTC:RIC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ha Long Street, Bai Chay Ward, Quang Ninh Province, Ha Long City, VNM
Royal International Corp is a Vietnam based engaged in building and operating a 5-star hotel, a place for amusement, an international gaming club and provide other entertainment services. The organization provides accommodation services, food services, recreational services and casino services.

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