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Zhuhai Huafa Properties Co (SHSE:600325) Receivables Turnover : 4.96 (As of Mar. 2024)


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What is Zhuhai Huafa Properties 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. Zhuhai Huafa Properties Co's Revenue for the three months ended in Mar. 2024 was ¥7,000 Mil. Zhuhai Huafa Properties Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,411 Mil. Hence, Zhuhai Huafa Properties Co's Receivables Turnover for the three months ended in Mar. 2024 was 4.96.


Zhuhai Huafa Properties Co Receivables Turnover Historical Data

The historical data trend for Zhuhai Huafa Properties 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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Zhuhai Huafa Properties Co Receivables Turnover Chart

Zhuhai Huafa Properties Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,366.20 782.61 241.91 77.52 58.19

Zhuhai Huafa Properties Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.97 13.50 9.26 15.57 4.96

Competitive Comparison of Zhuhai Huafa Properties Co's Receivables Turnover

For the Real Estate - Development subindustry, Zhuhai Huafa Properties 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.


Zhuhai Huafa Properties Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhuhai Huafa Properties Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhuhai Huafa Properties Co's Receivables Turnover falls into.



Zhuhai Huafa Properties Co Receivables Turnover Calculation

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

Zhuhai Huafa Properties 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 )
=72144.91 / ((1231.178 + 1248.369) / 2 )
=72144.91 / 1239.7735
=58.19

Zhuhai Huafa Properties Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=7000.111 / ((1248.369 + 1574.207) / 2 )
=7000.111 / 1411.288
=4.96

* 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.


Zhuhai Huafa Properties Co  (SHSE:600325) 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.


Zhuhai Huafa Properties Co Receivables Turnover Related Terms

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Zhuhai Huafa Properties Co (SHSE:600325) Business Description

Traded in Other Exchanges
N/A
Address
No. 155 Changsheng Road, Zhuhai, CHN, 519030
Zhuhai Huafa Properties Co Ltd is engaged in Real estate development and sales.
Executives
Zhang Yan senior management
Hou Gui Ming senior management
Chen Yin Director
Zhang Chi senior management
Guo Ling Yong senior management
Li Guang Ning Director
Liu Ke Director
Yu Wei Guo Director
Liu Ya Fei Director
He Yu Bing senior management
Yu Shu Ling senior management
Ge Zhi Hong Supervisors
Tang Jian Jun senior management
Yang Jing senior management
Feng Yong Ping Supervisors

Zhuhai Huafa Properties Co (SHSE:600325) Headlines

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