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Anfu Ce Link (SZSE:300787) Receivables Turnover : 0.94 (As of Mar. 2024)


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What is Anfu Ce Link 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. Anfu Ce Link's Revenue for the three months ended in Mar. 2024 was ¥408 Mil. Anfu Ce Link's average Accounts Receivable for the three months ended in Mar. 2024 was ¥433 Mil. Hence, Anfu Ce Link's Receivables Turnover for the three months ended in Mar. 2024 was 0.94.


Anfu Ce Link Receivables Turnover Historical Data

The historical data trend for Anfu Ce Link'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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Anfu Ce Link Receivables Turnover Chart

Anfu Ce Link 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 4.68 4.99 4.38 4.85 4.38

Anfu Ce Link 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 1.02 1.30 1.18 1.04 0.94

Competitive Comparison of Anfu Ce Link's Receivables Turnover

For the Computer Hardware subindustry, Anfu Ce Link'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.


Anfu Ce Link's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anfu Ce Link's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Anfu Ce Link's Receivables Turnover falls into.



Anfu Ce Link Receivables Turnover Calculation

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

Anfu Ce Link'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 )
=1903.137 / ((414.663 + 454.674) / 2 )
=1903.137 / 434.6685
=4.38

Anfu Ce Link'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 )
=407.672 / ((454.674 + 411.277) / 2 )
=407.672 / 432.9755
=0.94

* 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.


Anfu Ce Link  (SZSE:300787) 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.


Anfu Ce Link Receivables Turnover Related Terms

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Anfu Ce Link (SZSE:300787) Business Description

Traded in Other Exchanges
N/A
Address
Anfu County Industrial Park, Jiangxi Province, Ji'an, CHN, 343200
Anfu Ce Link Ltd is engaged in the design and production of electronic signal transmission adapter products and other consumer electronics products.
Executives
Li Wei Xiong Directors, executives

Anfu Ce Link (SZSE:300787) Headlines

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