GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fu-Wang Ceramic Industry Ltd (DHA:FUWANGCER) » Definitions » Receivables Turnover

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Receivables Turnover : 3.43 (As of Mar. 2024)


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

What is Fu-Wang Ceramic Industry 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. Fu-Wang Ceramic Industry's Revenue for the three months ended in Mar. 2024 was BDT292.6 Mil. Fu-Wang Ceramic Industry's average Accounts Receivable for the three months ended in Mar. 2024 was BDT85.3 Mil. Hence, Fu-Wang Ceramic Industry's Receivables Turnover for the three months ended in Mar. 2024 was 3.43.


Fu-Wang Ceramic Industry Receivables Turnover Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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.

Fu-Wang Ceramic Industry Receivables Turnover Chart

Fu-Wang Ceramic Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 7.66 12.44 15.52 14.87

Fu-Wang Ceramic Industry 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 3.66 3.52 3.19 3.26 3.43

Competitive Comparison of Fu-Wang Ceramic Industry's Receivables Turnover

For the Building Products & Equipment subindustry, Fu-Wang Ceramic Industry'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.


Fu-Wang Ceramic Industry's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fu-Wang Ceramic Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fu-Wang Ceramic Industry's Receivables Turnover falls into.



Fu-Wang Ceramic Industry Receivables Turnover Calculation

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

Fu-Wang Ceramic Industry's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=911.369 / ((53.599 + 68.957) / 2 )
=911.369 / 61.278
=14.87

Fu-Wang Ceramic Industry'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 )
=292.578 / ((75.853 + 94.739) / 2 )
=292.578 / 85.296
=3.43

* 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.


Fu-Wang Ceramic Industry  (DHA:FUWANGCER) 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.


Fu-Wang Ceramic Industry Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Fu-Wang Ceramic Industry's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description

Traded in Other Exchanges
N/A
Address
Pearl Trade Centre (11th Floor), Cha 90/3, Progoti Shoroni, North Badda, Dhaka, BGD, 1212
Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines

No Headlines