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Gushen (Gushen) Receivables Turnover : 36.00 (As of Sep. 2022)


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What is Gushen 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. Gushen's Revenue for the three months ended in Sep. 2022 was $0.90 Mil. Gushen's average Accounts Receivable for the three months ended in Sep. 2022 was $0.03 Mil. Hence, Gushen's Receivables Turnover for the three months ended in Sep. 2022 was 36.00.


Gushen Receivables Turnover Historical Data

The historical data trend for Gushen'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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Gushen Receivables Turnover Chart

Gushen Annual Data
Trend Apr15 Apr16 Apr17 Apr19 Apr20 Apr21 Sep22
Receivables Turnover
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Gushen Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - 38.64 36.00

Competitive Comparison of Gushen's Receivables Turnover

For the Education & Training Services subindustry, Gushen'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.


Gushen's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Gushen's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gushen's Receivables Turnover falls into.



Gushen Receivables Turnover Calculation

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

Gushen's Receivables Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Receivables Turnover (A: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2022 ) / ((Accounts Receivable (A: Apr. 2021 ) + Accounts Receivable (A: Sep. 2022 )) / count )
=2.407 / ((0 + 0) / 1 )
=2.407 / 0
=N/A

Gushen's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.9 / ((0.025 + 0) / 1 )
=0.9 / 0.025
=36.00

* 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.


Gushen  (OTCPK:GSHN) 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.


Gushen Receivables Turnover Related Terms

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Gushen (Gushen) Business Description

Traded in Other Exchanges
N/A
Address
Hangfeng Road, Room 1312-13, 14th Floor, Building No. 2, Fengtai District, Beijing, 100070, CHN
Website
Gushen Inc provides family education resources to promote all-around education onsite in local communities organized by their regional collaborative education agency and offer parents easy access to a wide variety of courses online through its application.
Executives
Kit Cheung Yat director ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI,, YAU MA TEI K3 00000
Chien Hsu Shih 10 percent owner ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI K3 00000
Kit Cheung Ying 10 percent owner ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI,, YAU MA TEI K3 00000
Lung Huang Pin director, 10 percent owner, officer: President ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI,, YAU MA TEI K3 00000

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