A-Living Smart City Services Co (HKSE:03319) Receivables Turnover : 1.15 (As of Dec. 2023)

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What is A-Living Smart City Services Co 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. A-Living Smart City Services Co's Revenue for the six months ended in Dec. 2023 was HK$8,471 Mil. A-Living Smart City Services Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$7,357 Mil. Hence, A-Living Smart City Services Co's Receivables Turnover for the six months ended in Dec. 2023 was 1.15.

A-Living Smart City Services Co Receivables Turnover Historical Data

The historical data trend for A-Living Smart City Services Co'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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A-Living Smart City Services Co Receivables Turnover Chart

A-Living Smart City Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.83

5.81

4.86

3.04

2.39

A-Living Smart City Services Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial												2.27	1.66	1.31	1.18	1.15

Competitive Comparison of A-Living Smart City Services Co's Receivables Turnover

For the Real Estate Services subindustry, A-Living Smart City Services Co'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.

A-Living Smart City Services Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Receivables Turnover falls into.

A-Living Smart City Services Co Receivables Turnover Calculation

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

A-Living Smart City Services Co'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 )
=	16891.718	/ (	(6871.376	+	7277.709)	/	2 )
=	16891.718	/	7074.5425
=	2.39

A-Living Smart City Services Co'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 )
=	8471.249	/ (	(7435.834	+	7277.709)	/	2 )
=	8471.249	/	7356.7715
=	1.15

A-Living Smart City Services Co (HKSE:03319) 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.

A-Living Smart City Services Co Receivables Turnover Related Terms

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A-Living Smart City Services Co (HKSE:03319) Business Description

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1V0:Germany

Address

26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agileliving.com.cn

A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

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