GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangxi Black Cat Carbon Black Co Ltd (SZSE:002068) » Definitions » Receivables Turnover

Jiangxi Black Cat Carbon Black Co (SZSE:002068) Receivables Turnover : 1.27 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Jiangxi Black Cat Carbon Black 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. Jiangxi Black Cat Carbon Black Co's Revenue for the three months ended in Mar. 2024 was ¥2,385 Mil. Jiangxi Black Cat Carbon Black Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,871 Mil. Hence, Jiangxi Black Cat Carbon Black Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.27.


Jiangxi Black Cat Carbon Black Co Receivables Turnover Historical Data

The historical data trend for Jiangxi Black Cat Carbon Black 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.

Jiangxi Black Cat Carbon Black Co Receivables Turnover Chart

Jiangxi Black Cat Carbon Black 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 5.33 4.32 5.08 5.12 4.78

Jiangxi Black Cat Carbon Black 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 1.05 1.13 1.28 1.43 1.27

Competitive Comparison of Jiangxi Black Cat Carbon Black Co's Receivables Turnover

For the Specialty Chemicals subindustry, Jiangxi Black Cat Carbon Black 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.


Jiangxi Black Cat Carbon Black Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Black Cat Carbon Black Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangxi Black Cat Carbon Black Co's Receivables Turnover falls into.



Jiangxi Black Cat Carbon Black Co Receivables Turnover Calculation

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

Jiangxi Black Cat Carbon Black 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 )
=9451.12 / ((2125.338 + 1825.155) / 2 )
=9451.12 / 1975.2465
=4.78

Jiangxi Black Cat Carbon Black 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 )
=2384.891 / ((1825.155 + 1916.178) / 2 )
=2384.891 / 1870.6665
=1.27

* 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.


Jiangxi Black Cat Carbon Black Co  (SZSE:002068) 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.


Jiangxi Black Cat Carbon Black Co Receivables Turnover Related Terms

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


Jiangxi Black Cat Carbon Black Co (SZSE:002068) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang District, Jiangxi Province, Jingdezhen, CHN, 333000
Jiangxi Black Cat Carbon Black Co Ltd is the carbon production enterprise in China. Its black carbon products have been sold to Europe, America and Southeast Asian countries and regions.
Executives
Fang Qiu Bao Supervisors
Feng Jian Hua Supervisors
Zhou Zhi Ning Executives
Mei Jing Executives
Pan Guan Shun Supervisors
Wei Ming Executives
Liu Chao Hui Executives
Xin Shu Lan Directors, executives
Yu Zhong Ming Director
You Qi Executives
Li Yi Secretary Dong
Cai Jing Zhang Director
Cao Hua Supervisors
Zhou Min Jian Directors, executives
Yang Zhi Min Director

Jiangxi Black Cat Carbon Black Co (SZSE:002068) Headlines

No Headlines