Queen's Road Capital Investment (Queen's Road Capital Investment) Receivables Turnover : 2.54 (As of Feb. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Queen's Road Capital Investment 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. Queen's Road Capital Investment's Revenue for the three months ended in Feb. 2024 was $5.34 Mil. Queen's Road Capital Investment's average Accounts Receivable for the three months ended in Feb. 2024 was $2.10 Mil. Hence, Queen's Road Capital Investment's Receivables Turnover for the three months ended in Feb. 2024 was 2.54.

Queen's Road Capital Investment Receivables Turnover Historical Data

The historical data trend for Queen's Road Capital Investment'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.

Queen's Road Capital Investment Receivables Turnover Chart

Queen's Road Capital Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

Get a 7-Day Free Trial

123.78

159.54

13.70

11.99

Queen's Road Capital Investment Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															1.85	-	26.21	18.74	2.54

Competitive Comparison of Queen's Road Capital Investment's Receivables Turnover

For the Asset Management subindustry, Queen's Road Capital Investment'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.

Queen's Road Capital Investment's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Queen's Road Capital Investment's Receivables Turnover falls into.

Queen's Road Capital Investment Receivables Turnover Calculation

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

Queen's Road Capital Investment's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	10.293	/ (	(0.621	+	1.096)	/	2 )
=	10.293	/	0.8585
=	11.99

Queen's Road Capital Investment's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	5.343	/ (	(2.278	+	1.927)	/	2 )
=	5.343	/	2.1025
=	2.54

Queen's Road Capital Investment (OTCPK:BRSGF) 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.

Queen's Road Capital Investment Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Queen's Road Capital Investment's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Queen's Road Capital Investment (Queen's Road Capital Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Queen's Road Capital Investment Ltd (OTCPK:BRSGF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

47U:Germany QRC:Canada

Address

2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG

Website

https://www.queensrdcapital.com

Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.

Queen's Road Capital Investment (Queen's Road Capital Investment) Headlines

No Headlines