Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Receivables Turnover : 0.80 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Jilin Liyuan Precision Manufacturing 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. Jilin Liyuan Precision Manufacturing Co's Revenue for the three months ended in Sep. 2023 was ¥123.8 Mil. Jilin Liyuan Precision Manufacturing Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥155.3 Mil. Hence, Jilin Liyuan Precision Manufacturing Co's Receivables Turnover for the three months ended in Sep. 2023 was 0.80.

Jilin Liyuan Precision Manufacturing Co Receivables Turnover Historical Data

The historical data trend for Jilin Liyuan Precision Manufacturing 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.

Jilin Liyuan Precision Manufacturing Co Receivables Turnover Chart

Jilin Liyuan Precision Manufacturing Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

4.01

2.25

0.93

2.69

3.30

Jilin Liyuan Precision Manufacturing Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															0.85	0.98	0.69	0.67	0.80

Competitive Comparison of Jilin Liyuan Precision Manufacturing Co's Receivables Turnover

For the Aluminum subindustry, Jilin Liyuan Precision Manufacturing 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.

Jilin Liyuan Precision Manufacturing Co's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jilin Liyuan Precision Manufacturing Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jilin Liyuan Precision Manufacturing Co's Receivables Turnover falls into.

Jilin Liyuan Precision Manufacturing Co Receivables Turnover Calculation

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

Jilin Liyuan Precision Manufacturing Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	508.066	/ (	(123.957	+	184.289)	/	2 )
=	508.066	/	154.123
=	3.30

Jilin Liyuan Precision Manufacturing Co'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: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	123.846	/ (	(163.501	+	147.143)	/	2 )
=	123.846	/	155.322
=	0.80

Jilin Liyuan Precision Manufacturing Co (SZSE:002501) 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.

Jilin Liyuan Precision Manufacturing Co Receivables Turnover Related Terms

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

Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jilin Liyuan Precision Manufacturing Co Ltd (SZSE:002501) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 5729, Xining Road, Longshan District, Jilin Province, Liaoyuan, CHN, 136200

Website

http://www.liyuanlvye.com

Jilin Liyuan Precision Manufacturing Co Ltd is a China-based company. It is principally engaged in the research and development, manufacture and distribution of aluminum profiles and deep processed products. The company's construction aluminum profiles include ordinary building materials, insulation series, as well as door and curtain wall series. It distributes its products within domestic market and to overseas markets.

Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Headlines

No Headlines