GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tianjin Tianbao Infrastructure Co Ltd (SZSE:000965) » Definitions » Receivables Turnover

Tianjin Tianbao Infrastructure Co (SZSE:000965) Receivables Turnover : 31.89 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Tianjin Tianbao Infrastructure Co 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. Tianjin Tianbao Infrastructure Co's Revenue for the three months ended in Mar. 2024 was ¥259 Mil. Tianjin Tianbao Infrastructure Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥8 Mil. Hence, Tianjin Tianbao Infrastructure Co's Receivables Turnover for the three months ended in Mar. 2024 was 31.89.


Tianjin Tianbao Infrastructure Co Receivables Turnover Historical Data

The historical data trend for Tianjin Tianbao Infrastructure Co'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.

Tianjin Tianbao Infrastructure Co Receivables Turnover Chart

Tianjin Tianbao Infrastructure Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 323.18 114.65 244.59 284.25 424.80

Tianjin Tianbao Infrastructure Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.69 13.34 31.46 44.84 31.89

Competitive Comparison of Tianjin Tianbao Infrastructure Co's Receivables Turnover

For the Real Estate - Development subindustry, Tianjin Tianbao Infrastructure Co'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.


Tianjin Tianbao Infrastructure Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tianjin Tianbao Infrastructure Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tianjin Tianbao Infrastructure Co's Receivables Turnover falls into.



Tianjin Tianbao Infrastructure Co Receivables Turnover Calculation

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

Tianjin Tianbao Infrastructure Co'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 )
=3062.821 / ((7.348 + 7.072) / 2 )
=3062.821 / 7.21
=424.80

Tianjin Tianbao Infrastructure Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=259.222 / ((7.072 + 9.185) / 2 )
=259.222 / 8.1285
=31.89

* 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.


Tianjin Tianbao Infrastructure Co  (SZSE:000965) 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.


Tianjin Tianbao Infrastructure Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Tianjin Tianbao Infrastructure Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianjin Tianbao Infrastructure Co (SZSE:000965) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Xiwu Road, Tianjin Airport Economic Zone, Tianbao Huijin Plaza Building 1, Tianjin, 300300, CHN, 300461
Tianjin Tianbao Infrastructure Co Ltd is primarily engaged in the development and operation of real estate. Its main business is real estate development and infrastructure construction. Further, it is also involved in the park development, equity investment and property management activity. Geographically, the business activities are carried out through the region of China.

Tianjin Tianbao Infrastructure Co (SZSE:000965) Headlines

No Headlines