GBA Holdings (HKSE:00261) Receivables Turnover : 34.66 (As of Dec. 2023)

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What is GBA Holdings 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. GBA Holdings's Revenue for the six months ended in Dec. 2023 was HK$57.83 Mil. GBA Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1.67 Mil. Hence, GBA Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 34.66.

GBA Holdings Receivables Turnover Historical Data

The historical data trend for GBA Holdings'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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GBA Holdings Receivables Turnover Chart

GBA Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.21

20.21

117.25

4.15

5.86

GBA Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															100.00	9.32	1.79	1.46	34.66

Competitive Comparison of GBA Holdings's Receivables Turnover

For the Conglomerates subindustry, GBA Holdings'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.

GBA Holdings's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, GBA Holdings's Receivables Turnover distribution charts can be found below:

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

GBA Holdings Receivables Turnover Calculation

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

GBA Holdings'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 )
=	78.381	/ (	(25.74	+	0.996)	/	2 )
=	78.381	/	13.368
=	5.86

GBA Holdings'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	57.83	/ (	(2.341	+	0.996)	/	2 )
=	57.83	/	1.6685
=	34.66

GBA Holdings (HKSE:00261) 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.

GBA Holdings Receivables Turnover Related Terms

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GBA Holdings (HKSE:00261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » GBA Holdings Ltd (HKSE:00261) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

77 Leighton Road, Room 1415, 14th floor, Leighton Centre, Causeway Bay, Hong Kong, HKG

Website

https://www.gbaholdings.com

GBA Holdings Ltd is an investment holding company engaged in property development and investment in Mainland China and finance business in Hong Kong. Its segments include the Property business segment representing the development and sale of properties; and the Finance business segment representing the finance business. It derives a majority of its revenue from the Property business segment. The group has prime operations in Mainland China and Hong Kong.

Executives

Top Pioneer Holdings Limited	2101 Beneficial owner
Ong Chor Wei	2201 Interest of corporation controlled by you
Jim Ka Shun	2101 Beneficial owner
Cct Fortis Holdings Limited	2201 Interest of corporation controlled by you
Mak Shiu Tong	2201 Interest of corporation controlled by you
Mak Chun Kiu	2201 Interest of corporation controlled by you
Chan Kar Yeung
Ever Sino Group Limited	2101 Beneficial owner

GBA Holdings (HKSE:00261) Headlines

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