Guotai Junan International Holdings (HKSE:01788) Receivables Turnover : 0.20 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Guotai Junan 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. Guotai Junan International Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,674 Mil. Guotai Junan International Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$8,499 Mil. Hence, Guotai Junan International Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.20.

Guotai Junan International Holdings Receivables Turnover Historical Data

The historical data trend for Guotai Junan 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.

Guotai Junan International Holdings Receivables Turnover Chart

Guotai Junan International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

0.89

1.00

0.65

0.38

0.46

Guotai Junan International 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															0.15	0.14	0.13	0.22	0.20

Competitive Comparison of Guotai Junan International Holdings's Receivables Turnover

For the Capital Markets subindustry, Guotai Junan 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.

Guotai Junan International Holdings's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guotai Junan International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guotai Junan International Holdings's Receivables Turnover falls into.

Guotai Junan International Holdings Receivables Turnover Calculation

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

Guotai Junan International 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 )
=	3217.372	/ (	(5641.386	+	8391.475)	/	2 )
=	3217.372	/	7016.4305
=	0.46

Guotai Junan International 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 )
=	1674.317	/ (	(8606.453	+	8391.475)	/	2 )
=	1674.317	/	8498.964
=	0.20

Guotai Junan International Holdings (HKSE:01788) 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.

Guotai Junan International Holdings Receivables Turnover Related Terms

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

Guotai Junan International Holdings (HKSE:01788) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guotai Junan International Holdings Ltd (HKSE:01788) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 181 Queen’s Road Central, 27th Floor, Low Block, Grand Millennium Plaza, Central, Hong Kong, HKG

Website

https://www.gtjai.com

Guotai Junan International Holdings Ltd is an investment holding company with its subsidiaries engaged in providing financial services. The company operates in five segments: corporate finance, which provides advisory services, placing & underwriting services of debts and equity securities; institutional investor services segment provides market-making, investments, structured product solutions, lending, and other services; wealth management segment provides financial services and solutions to individual investors & small to medium-sized businesses and institutions; investment management is engaged in asset management and fund management services and also includes investment in funds, debts, and equity securities; and Others segment. The vast majority of its revenue comes from Hong Kong.

Guotai Junan International Holdings (HKSE:01788) Headlines

No Headlines