Yankuang Energy Group Co (Yankuang Energy Group Co) Receivables Turnover : 5.37 (As of Mar. 2024)

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What is Yankuang Energy 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. Yankuang Energy Group Co's Revenue for the three months ended in Mar. 2024 was $5,503 Mil. Yankuang Energy Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was $1,025 Mil. Hence, Yankuang Energy Group Co's Receivables Turnover for the three months ended in Mar. 2024 was 5.37.

Yankuang Energy Group Co Receivables Turnover Historical Data

The historical data trend for Yankuang Energy 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.

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Yankuang Energy Group Co Receivables Turnover Chart

Yankuang Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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45.70

52.14

30.23

30.36

19.75

Yankuang Energy Group 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															6.70	4.86	6.77	2.04	5.37

Competitive Comparison of Yankuang Energy Group Co's Receivables Turnover

For the Thermal Coal subindustry, Yankuang Energy 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.

Yankuang Energy Group Co's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yankuang Energy Group Co's Receivables Turnover distribution charts can be found below:

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

Yankuang Energy Group Co Receivables Turnover Calculation

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

Yankuang Energy 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 )
=	21011.297	/ (	(1155.31	+	972.78)	/	2 )
=	21011.297	/	1064.045
=	19.75

Yankuang Energy 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 )
=	5503.49	/ (	(972.78	+	1076.392)	/	2 )
=	5503.49	/	1024.586
=	5.37

Yankuang Energy Group Co (OTCPK:YZCAY) 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.

Yankuang Energy Group Co Receivables Turnover Related Terms

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Yankuang Energy Group Co (Yankuang Energy Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Yankuang Energy Group Co Ltd (OTCPK:YZCAY) » Definitions » Receivables Turnover

Traded in Other Exchanges

YZCHF:USA 01171:Hong Kong YZCA:Germany 600188:China

Address

949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500

Website

http://www.yanzhoucoal.com.cn

Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.

Yankuang Energy Group Co (Yankuang Energy Group Co) Headlines

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