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Cafe de Coral Holdings (HKSE:00341) Receivables Turnover : 55.56 (As of Sep. 2023)


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What is Cafe de Coral Holdings 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. Cafe de Coral Holdings's Revenue for the six months ended in Sep. 2023 was HK$4,319 Mil. Cafe de Coral Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$78 Mil. Hence, Cafe de Coral Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 55.56.


Cafe de Coral Holdings Receivables Turnover Historical Data

The historical data trend for Cafe de Coral Holdings'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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Cafe de Coral Holdings Receivables Turnover Chart

Cafe de Coral Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.79 131.57 153.45 170.01 126.49

Cafe de Coral Holdings 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 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 87.68 71.38 72.10 62.05 55.56

Competitive Comparison of Cafe de Coral Holdings's Receivables Turnover

For the Restaurants subindustry, Cafe de Coral Holdings'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.


Cafe de Coral Holdings's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cafe de Coral Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cafe de Coral Holdings's Receivables Turnover falls into.



Cafe de Coral Holdings Receivables Turnover Calculation

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

Cafe de Coral Holdings'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 )
=8024.044 / ((51.007 + 75.868) / 2 )
=8024.044 / 63.4375
=126.49

Cafe de Coral Holdings'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 )
=4318.624 / ((75.868 + 79.581) / 2 )
=4318.624 / 77.7245
=55.56

* 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.


Cafe de Coral Holdings  (HKSE:00341) 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.


Cafe de Coral Holdings Receivables Turnover Related Terms

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Cafe de Coral Holdings (HKSE:00341) Business Description

Traded in Other Exchanges
Address
No. 5-13 Wo Shui Street, Fo Tan, 10th Floor, Cafe de Coral Centre, Shatin, New Territories, Hong Kong, HKG
Cafe de Coral Holdings Ltd is a restaurant and catering company. It operates quick service restaurants and institutional catering, fast casual and casual dining chains, as well as food processing and distribution business. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China.

Cafe de Coral Holdings (HKSE:00341) Headlines

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