South China Holdings Co (HKSE:00413) Receivables Turnover : 3.81 (As of Dec. 2023)

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What is South China Holdings 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. South China Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$1,749 Mil. South China Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$459 Mil. Hence, South China Holdings Co's Receivables Turnover for the six months ended in Dec. 2023 was 3.81.

South China Holdings Co Receivables Turnover Historical Data

The historical data trend for South China Holdings 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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South China Holdings Co Receivables Turnover Chart

South China Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.37

7.54

6.42

6.43

8.06

South China Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															4.38	2.41	2.43	2.56	3.81

Competitive Comparison of South China Holdings Co's Receivables Turnover

For the Leisure subindustry, South China Holdings 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.

South China Holdings Co's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, South China Holdings Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where South China Holdings Co's Receivables Turnover falls into.

South China Holdings Co Receivables Turnover Calculation

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

South China Holdings 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 )
=	2887.385	/ (	(343.591	+	372.774)	/	2 )
=	2887.385	/	358.1825
=	8.06

South China Holdings Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1749.493	/ (	(545.466	+	372.774)	/	2 )
=	1749.493	/	459.12
=	3.81

South China Holdings Co (HKSE:00413) 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.

South China Holdings Co Receivables Turnover Related Terms

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South China Holdings Co (HKSE:00413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » South China Holdings Co Ltd (HKSE:00413) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SZHB:Germany

Address

1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.scholding.com

South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.

Executives

Ng Hung Sang	2101 Beneficial owner
Ng Lai King Pamela	2202 Interest of your spouse
Earntrade Investments Limited	2101 Beneficial owner

South China Holdings Co (HKSE:00413) Headlines

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