Cowell e Holdings (HKSE:01415) Receivables Turnover : 4.94 (As of Dec. 2023)

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What is Cowell e 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. Cowell e Holdings's Revenue for the six months ended in Dec. 2023 was HK$4,351 Mil. Cowell e Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$881 Mil. Hence, Cowell e Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 4.94.

Cowell e Holdings Receivables Turnover Historical Data

The historical data trend for Cowell e 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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Cowell e Holdings Receivables Turnover Chart

Cowell e Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.41

6.99

7.63

7.69

5.53

Cowell e 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															5.37	4.32	5.44	2.90	4.94

Competitive Comparison of Cowell e Holdings's Receivables Turnover

For the Electronic Components subindustry, Cowell e 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.

Cowell e Holdings's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cowell e Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cowell e Holdings's Receivables Turnover falls into.

Cowell e Holdings Receivables Turnover Calculation

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

Cowell e 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 )
=	7215.052	/ (	(1414.405	+	1193.439)	/	2 )
=	7215.052	/	1303.922
=	5.53

Cowell e 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 )
=	4351.004	/ (	(569.052	+	1193.439)	/	2 )
=	4351.004	/	881.2455
=	4.94

Cowell e Holdings (HKSE:01415) 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.

Cowell e Holdings Receivables Turnover Related Terms

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Cowell e Holdings (HKSE:01415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cowell e Holdings Inc (HKSE:01415) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Songbai Road, Huanan Industrial Zone, Liaobu Town, Guangdong Province, Dongguan City, CHN

Website

http://www.cowelleholdings.com

Cowell e Holdings Inc supplies camera modules for mobile devices. The company designs develop, manufactures, and sells camera modules for smartphones, multimedia tablets and other mobile devices with camera functions. In addition, it also develops and manufactures optical components used in consumer electronics products. It operates in a single segment namely consisting of a Camera module and Optical components. It derives revenue from the manufacturing and sale of camera modules and optical components.

Executives

Guangzhou Luxvisions Innovation Technology Limited	2201 Interest of corporation controlled by you
Luxsan Limited	2201 Interest of corporation controlled by you
Luxvisions Innovation Limited	2201 Interest of corporation controlled by you
Wang Laijiao	2201 Interest of corporation controlled by you
Wang Laixi	2201 Interest of corporation controlled by you
Wang Laichun	2201 Interest of corporation controlled by you
Wang Laisheng	2201 Interest of corporation controlled by you

Cowell e Holdings (HKSE:01415) Headlines

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