Dickson Concepts (International) (HKSE:00113) Receivables Turnover : 6.98 (As of Sep. 2023)

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What is Dickson Concepts (International) 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. Dickson Concepts (International)'s Revenue for the six months ended in Sep. 2023 was HK$1,272 Mil. Dickson Concepts (International)'s average Accounts Receivable for the six months ended in Sep. 2023 was HK$182 Mil. Hence, Dickson Concepts (International)'s Receivables Turnover for the six months ended in Sep. 2023 was 6.98.

Dickson Concepts (International) Receivables Turnover Historical Data

The historical data trend for Dickson Concepts (International)'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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Dickson Concepts (International) Receivables Turnover Chart

Dickson Concepts (International) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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18.00

36.29

53.13

39.78

21.66

Dickson Concepts (International) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															7.32	7.54	10.10	7.55	6.98

Competitive Comparison of Dickson Concepts (International)'s Receivables Turnover

For the Luxury Goods subindustry, Dickson Concepts (International)'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.

Dickson Concepts (International)'s Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dickson Concepts (International)'s Receivables Turnover falls into.

Dickson Concepts (International) Receivables Turnover Calculation

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

Dickson Concepts (International)'s Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	2130.785	/ (	(49.711	+	146.992)	/	2 )
=	2130.785	/	98.3515
=	21.66

Dickson Concepts (International)'s Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	1272.372	/ (	(146.992	+	217.84)	/	2 )
=	1272.372	/	182.416
=	6.98

Dickson Concepts (International) (HKSE:00113) 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.

Dickson Concepts (International) Receivables Turnover Related Terms

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Dickson Concepts (International) (HKSE:00113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dickson Concepts (International) Ltd (HKSE:00113) » Definitions » Receivables Turnover

Traded in Other Exchanges

DCOHF:USA

Address

98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG

Website

https://www.dickson.com.hk

Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has its presence in Hong Kong, Taiwan and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.

Executives

Dickson Investment Holding (ptc) Corporation	2301 Trustee
Poon Dickson Pearson Guanda	2501 Other
Poon Dickson	2307 Founder of a discretionary trust who can infl
Paicolex Trust Company (bvi) Limited	2301 Trustee
Paicolex Trust Management Ag	2301 Trustee
Yu Kwai Chu, Pearl	2202 Interest of your spouse

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