SF Holding Co (SZSE:002352) Receivables Turnover : 2.83 (As of Dec. 2023)

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What is SF Holding 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. SF Holding Co's Revenue for the three months ended in Dec. 2023 was ¥69,398 Mil. SF Holding Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥24,552 Mil. Hence, SF Holding Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.83.

SF Holding Co Receivables Turnover Historical Data

The historical data trend for SF Holding 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.

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SF Holding Co Receivables Turnover Chart

SF Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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11.57

10.66

8.76

9.55

10.19

SF Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.63	2.54	2.75	2.73	2.83

Competitive Comparison of SF Holding Co's Receivables Turnover

For the Integrated Freight & Logistics subindustry, SF Holding 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.

SF Holding Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SF Holding Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SF Holding Co's Receivables Turnover falls into.

SF Holding Co Receivables Turnover Calculation

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

SF Holding 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 )
=	258409.403	/ (	(25560.433	+	25133.487)	/	2 )
=	258409.403	/	25346.96
=	10.19

SF Holding Co'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	69397.804	/ (	(23969.779	+	25133.487)	/	2 )
=	69397.804	/	24551.633
=	2.83

SF Holding Co (SZSE:002352) 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.

SF Holding Co Receivables Turnover Related Terms

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SF Holding Co (SZSE:002352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SF Holding Co Ltd (SZSE:002352) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

No. 303 Fuyong Avenue, Room 801, 8th Floor, Wanfu Building, Bao’an District, Guangdong Province, Shenzhen, CHN, 518103

Website

https://www.sf-express.com

SF Holdings was the largest logistics integrated service provider in China and Asia, and the fourth largest globally in 2022 by revenue, according to Frost & Sullivan. It is the only large integrated logistics service provider in Asia that has direct control of its operations with minimal reliance on network partners, according to SF's Hong Kong secondary listing filing. It is also independent of any e-commerce platforms. The company is equipped with full-product service capabilities in time-definite express delivery, economic express delivery, freight, cold chain and pharmaceutical, intracity on-demand delivery, international express delivery, international freight and forwarding, and supply chain.

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