Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Receivables Turnover : 2.56 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Lee & Man Paper Manufacturing 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. Lee & Man Paper Manufacturing's Revenue for the six months ended in Dec. 2023 was $1,630 Mil. Lee & Man Paper Manufacturing's average Accounts Receivable for the six months ended in Dec. 2023 was $637 Mil. Hence, Lee & Man Paper Manufacturing's Receivables Turnover for the six months ended in Dec. 2023 was 2.56.

Lee & Man Paper Manufacturing Receivables Turnover Historical Data

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Receivables Turnover Chart

Lee & Man Paper Manufacturing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

9.07

8.43

9.48

6.05

3.91

Lee & Man Paper Manufacturing Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															4.80	3.95	2.75	2.61	2.56

Competitive Comparison of Lee & Man Paper Manufacturing's Receivables Turnover

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Receivables Turnover falls into.

Lee & Man Paper Manufacturing Receivables Turnover Calculation

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

Lee & Man Paper Manufacturing's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	3193.05	/ (	(775.853	+	857.975)	/	2 )
=	3193.05	/	816.914
=	3.91

Lee & Man Paper Manufacturing's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1630.001	/ (	(416.085	+	857.975)	/	2 )
=	1630.001	/	637.03
=	2.56

Lee & Man Paper Manufacturing (OTCPK:LMPMF) 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.

Lee & Man Paper Manufacturing Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Lee & Man Paper Manufacturing's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Lee & Man Paper Manufacturing Ltd (OTCPK:LMPMF) » Definitions » Receivables Turnover

Traded in Other Exchanges

LMPMY:USA 02314:Hong Kong LMP:Germany

Address

169 Electric Road, 39/F, Lee & Man Commercial Center, North Point, Hong Kong, HKG

Website

https://www.leemanpaper.com

Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. The People's Republic of China accounts for the majority of the revenue.

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Headlines

No Headlines