Ka Shui International Holdings (HKSE:00822) Receivables Turnover : 2.10 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Ka Shui International 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. Ka Shui International Holdings's Revenue for the six months ended in Dec. 2023 was HK$751 Mil. Ka Shui International Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$358 Mil. Hence, Ka Shui International Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.10.

Ka Shui International Holdings Receivables Turnover Historical Data

The historical data trend for Ka Shui International 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.

* Premium members only.

Ka Shui International Holdings Receivables Turnover Chart

Ka Shui International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.33

4.02

4.10

3.56

3.18

Ka Shui International 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															2.45	1.70	2.11	1.51	2.10

Competitive Comparison of Ka Shui International Holdings's Receivables Turnover

For the Metal Fabrication subindustry, Ka Shui International 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.

Ka Shui International Holdings's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ka Shui International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ka Shui International Holdings's Receivables Turnover falls into.

Ka Shui International Holdings Receivables Turnover Calculation

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

Ka Shui International 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 )
=	1282.495	/ (	(398.656	+	408.201)	/	2 )
=	1282.495	/	403.4285
=	3.18

Ka Shui International 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 )
=	750.884	/ (	(307.576	+	408.201)	/	2 )
=	750.884	/	357.8885
=	2.10

Ka Shui International Holdings (HKSE:00822) 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.

Ka Shui International Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ka Shui International Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ka Shui International Holdings (HKSE:00822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ka Shui International Holdings Ltd (HKSE:00822) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wang Kwong Road, Room A, 29th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.kashui.com

Ka Shui International Holdings Ltd is involved in the die casting of alloy and plastic injection businesses. The company operates through five segments: Magnesium alloy die casting, Zinc alloy die casting, Aluminum alloy die casting, Plastic injection, trading of lighting products and home appliances as well as provision of motor vehicle repair services. It generates maximum revenue from the Plastic injection segment. Geographically, it derives a majority of its revenue from China and also has a presence in Hong Kong; Japan; the USA, and other countries.

Executives

Lee Yuen Fat	2101 Beneficial owner
Precisefull Limited	2101 Beneficial owner

Ka Shui International Holdings (HKSE:00822) Headlines

No Headlines