Sunevision Holdings (HKSE:01686) Receivables Turnover : 4.59 (As of Dec. 2023)

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What is Sunevision 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. Sunevision Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,290 Mil. Sunevision Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$281 Mil. Hence, Sunevision Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 4.59.

Sunevision Holdings Receivables Turnover Historical Data

The historical data trend for Sunevision 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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Sunevision Holdings Receivables Turnover Chart

Sunevision Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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9.57

10.86

11.19

9.09

8.10

Sunevision 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															4.66	4.21	3.91	4.15	4.59

Competitive Comparison of Sunevision Holdings's Receivables Turnover

For the Real Estate Services subindustry, Sunevision 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.

Sunevision Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunevision Holdings's Receivables Turnover distribution charts can be found below:

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

Sunevision Holdings Receivables Turnover Calculation

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

Sunevision Holdings'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 )
=	2345.903	/ (	(274.912	+	303.985)	/	2 )
=	2345.903	/	289.4485
=	8.10

Sunevision 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 )
=	1289.64	/ (	(303.985	+	257.923)	/	2 )
=	1289.64	/	280.954
=	4.59

Sunevision Holdings (HKSE:01686) 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.

Sunevision Holdings Receivables Turnover Related Terms

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Sunevision Holdings (HKSE:01686) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunevision Holdings Ltd (HKSE:01686) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

VI6:Germany

Address

Millennium City 1, 388 Kwun Tong Road, Unit 3110, 31st Floor, Standard Chartered Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sunevision.com

Sunevision Holdings Ltd is an Investment holding company. Its segment includes Data centre and IT facilities covering the provision of data center and IT facilities colocation services to allow customers to house their IT infrastructure or equipment, interconnection services to provide customers with high-speed and reliable interconnectivity, and other managed services and ELV and IT systems comprise installation and maintenance services for the respective systems. It generates the majority of its revenue from Data centre and IT facilities. It generates the majority of its revenue from Hong Kong.

Executives

Sun Hung Kai Properties Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee

Sunevision Holdings (HKSE:01686) Headlines

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