GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Tele-Net And Technology Corp Ltd (HKSE:00679) » Definitions » Receivables Turnover

Asia Tele-Net And Technology (HKSE:00679) Receivables Turnover : 4.02 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Asia Tele-Net And Technology 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. Asia Tele-Net And Technology's Revenue for the six months ended in Dec. 2023 was HK$193.3 Mil. Asia Tele-Net And Technology's average Accounts Receivable for the six months ended in Dec. 2023 was HK$48.0 Mil. Hence, Asia Tele-Net And Technology's Receivables Turnover for the six months ended in Dec. 2023 was 4.02.


Asia Tele-Net And Technology Receivables Turnover Historical Data

The historical data trend for Asia Tele-Net And Technology'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.

* Premium members only.

Asia Tele-Net And Technology Receivables Turnover Chart

Asia Tele-Net And Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 6.42 5.47 6.15 8.13

Asia Tele-Net And Technology 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 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 3.31 2.89 3.26 4.91 4.02

Competitive Comparison of Asia Tele-Net And Technology's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Asia Tele-Net And Technology'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.


Asia Tele-Net And Technology's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Tele-Net And Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Asia Tele-Net And Technology's Receivables Turnover falls into.



Asia Tele-Net And Technology Receivables Turnover Calculation

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

Asia Tele-Net And Technology'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 )
=393.328 / ((41.09 + 55.647) / 2 )
=393.328 / 48.3685
=8.13

Asia Tele-Net And Technology'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 )
=193.259 / ((40.403 + 55.647) / 2 )
=193.259 / 48.025
=4.02

* 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.


Asia Tele-Net And Technology  (HKSE:00679) 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.


Asia Tele-Net And Technology Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Asia Tele-Net And Technology's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Tele-Net And Technology (HKSE:00679) Business Description

Traded in Other Exchanges
Address
181 Johnston Road, Rooms 607-610, 6th Floor, Tai Yau Building, Wan Chai, Hong Kong, HKG
Asia Tele-Net And Technology Corp Ltd is an investment holding company. The is mainly engaged in the electroplating equipment business. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Taiwan; Mexico; The United States of America; Germany; Thailand; India; United Kingdom; Other European countries; United Arab Emirates; Russia; Singapore; Hong Kong, and other countries.
Executives
Lam Kwok Hing

Asia Tele-Net And Technology (HKSE:00679) Headlines

No Headlines