Aeso Holding (HKSE:08341) Receivables Turnover : 5.03 (As of Sep. 2023)

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What is Aeso Holding 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. Aeso Holding's Revenue for the three months ended in Sep. 2023 was HK$65.1 Mil. Aeso Holding's average Accounts Receivable for the three months ended in Sep. 2023 was HK$12.9 Mil. Hence, Aeso Holding's Receivables Turnover for the three months ended in Sep. 2023 was 5.03.

Aeso Holding Receivables Turnover Historical Data

The historical data trend for Aeso Holding'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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Aeso Holding Receivables Turnover Chart

Aeso Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.61

8.10

3.10

5.62

8.21

Aeso Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															2.60	3.53	2.06	1.77	5.03

Competitive Comparison of Aeso Holding's Receivables Turnover

For the Consulting Services subindustry, Aeso Holding'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.

Aeso Holding's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aeso Holding's Receivables Turnover distribution charts can be found below:

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

Aeso Holding Receivables Turnover Calculation

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

Aeso Holding's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	262.616	/ (	(34.74	+	29.248)	/	2 )
=	262.616	/	31.994
=	8.21

Aeso Holding's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	65.122	/ (	(0	+	12.944)	/	1 )
=	65.122	/	12.944
=	5.03

Aeso Holding (HKSE:08341) 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.

Aeso Holding Receivables Turnover Related Terms

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Aeso Holding (HKSE:08341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aeso Holding Ltd (HKSE:08341) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-26 Bonham Strand, Sheung Wan, 18th Floor, The Pemberton, Hong Kong, HKG

Website

https://www.aeso.hk

Aeso Holding Ltd is an investment holding company. It operates as a contractor providing renovation work and alteration services for commercial premises. It also offers fitting-out work for the construction of commercial and residential developments. The operating segments of the company are Fitting-out projects and Renovation projects, of which maximum revenue is derived from operating Fitting-out projects. The group's revenue is all derived from operations in Hong Kong.

Executives

Chan Siu Chung	2101 Beneficial owner
W & Q Investment Limited	2101 Beneficial owner
Acropolis Limited	2101 Beneficial owner

Aeso Holding (HKSE:08341) Headlines

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