Sky Blue 11 Co (Sky Blue 11 Co) Receivables Turnover : 0.14 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Sky Blue 11 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. Sky Blue 11 Co's Revenue for the three months ended in Dec. 2023 was $1.57 Mil. Sky Blue 11 Co's average Accounts Receivable for the three months ended in Dec. 2023 was $11.46 Mil. Hence, Sky Blue 11 Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.14.

Sky Blue 11 Co Receivables Turnover Historical Data

The historical data trend for Sky Blue 11 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.

* Premium members only.

Sky Blue 11 Co Receivables Turnover Chart

Sky Blue 11 Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.99

2.61

4.07

2.11

0.99

Sky Blue 11 Co Quarterly 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															1.93	1.57	1.68	0.88	0.14

Competitive Comparison of Sky Blue 11 Co's Receivables Turnover

For the Recreational Vehicles subindustry, Sky Blue 11 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.

Sky Blue 11 Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sky Blue 11 Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sky Blue 11 Co's Receivables Turnover falls into.

Sky Blue 11 Co Receivables Turnover Calculation

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

Sky Blue 11 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 )
=	14.593	/ (	(17.994	+	11.566)	/	2 )
=	14.593	/	14.78
=	0.99

Sky Blue 11 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 )
=	1.573	/ (	(11.351	+	11.566)	/	2 )
=	1.573	/	11.4585
=	0.14

Sky Blue 11 Co (OTCPK:PIHLF) 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.

Sky Blue 11 Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sky Blue 11 Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Blue 11 Co (Sky Blue 11 Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sky Blue 11 Co Ltd (OTCPK:PIHLF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

01010:Hong Kong

Address

50 Connaught Road Central, 28th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.pacray.com.hk

Balk 1798 Group Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; sales of yachts and other yachting related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China.

Sky Blue 11 Co (Sky Blue 11 Co) Headlines

No Headlines