Kerry Logistics Network (HKSE:00636) Receivables Turnover : 2.57 (As of Dec. 2023)

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What is Kerry Logistics Network 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. Kerry Logistics Network's Revenue for the six months ended in Dec. 2023 was HK$22,093 Mil. Kerry Logistics Network's average Accounts Receivable for the six months ended in Dec. 2023 was HK$8,599 Mil. Hence, Kerry Logistics Network's Receivables Turnover for the six months ended in Dec. 2023 was 2.57.

Kerry Logistics Network Receivables Turnover Historical Data

The historical data trend for Kerry Logistics Network'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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Kerry Logistics Network Receivables Turnover Chart

Kerry Logistics Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.30

5.57

6.96

7.15

5.05

Kerry Logistics Network 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															3.70	3.63	2.88	2.69	2.57

Competitive Comparison of Kerry Logistics Network's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.

Kerry Logistics Network's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Receivables Turnover falls into.

Kerry Logistics Network Receivables Turnover Calculation

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

Kerry Logistics Network'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 )
=	47407.559	/ (	(10198.194	+	8568.201)	/	2 )
=	47407.559	/	9383.1975
=	5.05

Kerry Logistics Network'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 )
=	22092.936	/ (	(8629.897	+	8568.201)	/	2 )
=	22092.936	/	8599.049
=	2.57

Kerry Logistics Network (HKSE:00636) 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.

Kerry Logistics Network Receivables Turnover Related Terms

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Kerry Logistics Network (HKSE:00636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Logistics Network Ltd (HKSE:00636) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KYL:Germany

Address

55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG

Website

https://www.kln.com

Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.

Executives

Wang Wei	2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Kerry Group Limited	2201 Interest of corporation controlled by you
Kerry Properties Limited	2101 Beneficial owner
Flourish Harmony Holdings Company Limited	2101 Beneficial owner

Kerry Logistics Network (HKSE:00636) Headlines

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