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Kaisa Capital Investment Holdings (HKSE:00936) Receivables Turnover : 1.68 (As of Dec. 2023)


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What is Kaisa Capital Investment 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. Kaisa Capital Investment Holdings's Revenue for the six months ended in Dec. 2023 was HK$112.6 Mil. Kaisa Capital Investment Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$66.9 Mil. Hence, Kaisa Capital Investment Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 1.68.


Kaisa Capital Investment Holdings Receivables Turnover Historical Data

The historical data trend for Kaisa Capital Investment 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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Kaisa Capital Investment Holdings Receivables Turnover Chart

Kaisa Capital Investment Holdings 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 3.58 2.67 2.81 2.81 4.10

Kaisa Capital Investment Holdings 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 1.64 1.48 2.21 2.00 1.68

Competitive Comparison of Kaisa Capital Investment Holdings's Receivables Turnover

For the Rental & Leasing Services subindustry, Kaisa Capital Investment 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.


Kaisa Capital Investment Holdings's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kaisa Capital Investment Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kaisa Capital Investment Holdings's Receivables Turnover falls into.



Kaisa Capital Investment Holdings Receivables Turnover Calculation

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

Kaisa Capital Investment Holdings'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 )
=237.7 / ((53.603 + 62.38) / 2 )
=237.7 / 57.9915
=4.10

Kaisa Capital Investment Holdings'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 )
=112.624 / ((71.385 + 62.38) / 2 )
=112.624 / 66.8825
=1.68

* 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.


Kaisa Capital Investment Holdings  (HKSE:00936) 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.


Kaisa Capital Investment Holdings Receivables Turnover Related Terms

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Kaisa Capital Investment Holdings (HKSE:00936) Business Description

Traded in Other Exchanges
N/A
Address
Lee Garden One, 33 Hysan Avenue, Room 1901, 19 Floor, Causeway Bay, Hong Kong, HKG
Kaisa Capital Investment Holdings Ltd is engaged in property development, construction engineering, operation, management, and service activities in Hong Kong. The company is also involved in the leasing and sale of construction machinery, and spare parts, and the provision of ancillary engineering consultancy, repair, and maintenance services. The Company operates its business through two segments. The Construction Equipment Business segment is engaged in the trading of construction machinery and spare parts, leasing of the construction machinery under operating leases, and providing repair and maintenance services in respect of the construction machinery. The Property Development Business segment is involved in the property development business.
Executives
Chan Mo 2101 Beneficial owner
Kwok Hiu Yan 2201 Interest of corporation controlled by you
Excel Range Investments Limited 2401 A concert party to an agreement to buy shares
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you
Kwok Hiu Ting 2201 Interest of corporation controlled by you
Kwok Ho Lai 2201 Interest of corporation controlled by you
Mighty Empire Group Limited 2101 Beneficial owner
Zeng Li 2201 Interest of corporation controlled by you
He Xiao Yang 2101 Beneficial owner

Kaisa Capital Investment Holdings (HKSE:00936) Headlines

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