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Hunan Silver Co (SZSE:002716) Receivables Turnover : 532.40 (As of Mar. 2024)


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What is Hunan Silver 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. Hunan Silver Co's Revenue for the three months ended in Mar. 2024 was ¥1,588 Mil. Hunan Silver Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3 Mil. Hence, Hunan Silver Co's Receivables Turnover for the three months ended in Mar. 2024 was 532.40.


Hunan Silver Co Receivables Turnover Historical Data

The historical data trend for Hunan Silver 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.

Hunan Silver Co Receivables Turnover Chart

Hunan Silver 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 373.96 96.67 543.32 2,157.49 2,976.59

Hunan Silver 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 694.61 555.11 843.35 937.13 532.40

Competitive Comparison of Hunan Silver Co's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Hunan Silver 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.


Hunan Silver Co's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hunan Silver Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hunan Silver Co's Receivables Turnover falls into.



Hunan Silver Co Receivables Turnover Calculation

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

Hunan Silver 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 )
=5139.091 / ((1.671 + 1.782) / 2 )
=5139.091 / 1.7265
=2,976.59

Hunan Silver 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 )
=1588.403 / ((1.782 + 4.185) / 2 )
=1588.403 / 2.9835
=532.40

* 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.


Hunan Silver Co  (SZSE:002716) 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.


Hunan Silver Co Receivables Turnover Related Terms

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Hunan Silver Co (SZSE:002716) Business Description

Traded in Other Exchanges
N/A
Address
No. 680, Nanling Avenue, Jingui Building, Beihu District, Hunan Province, Chenzhou, CHN
Chenzhou City Jingui Silver Industry Co Ltd is a Chinese company engaged in the production and operation of silver and deep processing of silver. The company has the silver smelting and deep processing technology through which it produces silver products and other metals. The company offers silver nitrate, tellurium, gold, indium, copper, bismuth, antimony ingot, zinc and lead ingots.

Hunan Silver Co (SZSE:002716) Headlines

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