GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bona Film Group Co Ltd (SZSE:001330) » Definitions » Receivables Turnover

Bona Film Group Co (SZSE:001330) Receivables Turnover : 0.73 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Bona Film Group 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. Bona Film Group Co's Revenue for the three months ended in Mar. 2024 was ¥440 Mil. Bona Film Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥602 Mil. Hence, Bona Film Group Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.73.


Bona Film Group Co Receivables Turnover Historical Data

The historical data trend for Bona Film Group 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.

Bona Film Group Co Receivables Turnover Chart

Bona Film Group 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 6.11 1.87 2.53 1.70 2.16

Bona Film Group Co Quarterly Data
Dec16 Mar17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 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 0.55 0.35 0.61 0.44 0.73

Competitive Comparison of Bona Film Group Co's Receivables Turnover

For the Entertainment subindustry, Bona Film Group 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.


Bona Film Group Co's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bona Film Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bona Film Group Co's Receivables Turnover falls into.



Bona Film Group Co Receivables Turnover Calculation

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

Bona Film Group 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 )
=1608.055 / ((897.255 + 591.678) / 2 )
=1608.055 / 744.4665
=2.16

Bona Film Group 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 )
=439.92 / ((591.678 + 613.192) / 2 )
=439.92 / 602.435
=0.73

* 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.


Bona Film Group Co  (SZSE:001330) 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.


Bona Film Group Co Receivables Turnover Related Terms

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


Bona Film Group Co (SZSE:001330) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Weitai South Road, Room 1609, 16th Floor, Weitai Building, Urumqi Economic and Technological Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 830057
Bona Film Group Co Ltd is engaged in film distribution business in China. The company's main business is film investment, distribution, cinema management and cinema projection.

Bona Film Group Co (SZSE:001330) Headlines

No Headlines