B & S International Holdings (HKSE:01705) Receivables Turnover : 4.29 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is B & S International 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. B & S International Holdings's Revenue for the six months ended in Sep. 2023 was HK$257.8 Mil. B & S International Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$60.1 Mil. Hence, B & S International Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 4.29.

B & S International Holdings Receivables Turnover Historical Data

The historical data trend for B & S International 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.

* Premium members only.

B & S International Holdings Receivables Turnover Chart

B & S International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

7.43

7.70

7.49

8.16

9.07

B & S International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial											3.88	4.02	4.37	4.63	4.29

Competitive Comparison of B & S International Holdings's Receivables Turnover

For the Food Distribution subindustry, B & S International 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.

B & S International Holdings's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, B & S International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where B & S International Holdings's Receivables Turnover falls into.

B & S International Holdings Receivables Turnover Calculation

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

B & S International Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	486.8	/ (	(52.914	+	54.434)	/	2 )
=	486.8	/	53.674
=	9.07

B & S International Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	257.846	/ (	(54.434	+	65.86)	/	2 )
=	257.846	/	60.147
=	4.29

B & S International Holdings (HKSE:01705) 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.

B & S International Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of B & S International Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

B & S International Holdings (HKSE:01705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » B & S International Holdings Ltd (HKSE:01705) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Ko Fai Road, Yau Tong, Unit 01, 11th Floor, Block A, Ko Fai Industrial Building, Kowloon, Hong Kong, HKG

Website

https://www.bandshk.com

B & S International Holdings Ltd is a food and beverage company. The group has two business segments, namely the Distribution business which distributes and markets a diversified portfolio of overseas branded food and beverage products to main retailers such as supermarkets, pharmacies, convenience stores, and department store chains in Hong Kong, and the Retail business. that prepares and sells overseas branded food and beverage products at the company's self-operated retail outlets in Hong Kong. The company earns the majority of its revenue from the Distribution business. Geographically, the company generates revenue from Hong Kong.

Executives

Acac Investment Limited
Ccst Investment Limited
Scsc Holdings Limited
Chan Kam Chuen Andrew
Chan Siu Cheung Stephen
Chau Wing Kong William
Cheung Choi Ngo
Tan Ching Bee
Tin Hau Ling Janny

B & S International Holdings (HKSE:01705) Headlines

No Headlines