TIL Enviro (HKSE:01790) Receivables Turnover : 0.26 (As of Dec. 2023)

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

What is TIL Enviro 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. TIL Enviro's Revenue for the six months ended in Dec. 2023 was HK$79.5 Mil. TIL Enviro's average Accounts Receivable for the six months ended in Dec. 2023 was HK$307.6 Mil. Hence, TIL Enviro's Receivables Turnover for the six months ended in Dec. 2023 was 0.26.

TIL Enviro Receivables Turnover Historical Data

The historical data trend for TIL Enviro'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.

TIL Enviro Receivables Turnover Chart

TIL Enviro Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.59

1.13

0.59

0.51

TIL Enviro Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										0.25	0.29	0.34	0.32	0.26

Competitive Comparison of TIL Enviro's Receivables Turnover

For the Waste Management subindustry, TIL Enviro'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.

TIL Enviro's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, TIL Enviro's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TIL Enviro's Receivables Turnover falls into.

TIL Enviro Receivables Turnover Calculation

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

TIL Enviro'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 )
=	180.353	/ (	(360.152	+	343.111)	/	2 )
=	180.353	/	351.6315
=	0.51

TIL Enviro'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 )
=	79.518	/ (	(272.002	+	343.111)	/	2 )
=	79.518	/	307.5565
=	0.26

TIL Enviro (HKSE:01790) 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.

TIL Enviro Receivables Turnover Related Terms

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

TIL Enviro (HKSE:01790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » TIL Enviro Ltd (HKSE:01790) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 233 Tianhe North Road, Unit 08, Level 61, CITIC Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510613

Website

http://www.tilenviro.com

TIL Enviro Ltd is a wastewater treatment service provider operating and managing wastewater treatment facilities. The company's business divisions include Wastewater treatment operation services, Recycle water supply operation services, Wastewater treatment construction services, and Finance income from service concession arrangement. Geographically, it generates a majority of its revenue from the People's Republic of China.

Executives

Cheong Sze Theng	2202 Interest of your spouse
Lee Li-may	2202 Interest of your spouse
Lgb (malaysia) Sdn. Bhd.	2201 Interest of corporation controlled by you
Lgb Group (hk) Limited	2201 Interest of corporation controlled by you
Lim Chee Meng	2103 Interests held jointly with another person
Lim Chin Sean	2103 Interests held jointly with another person
Sparkle Century Group Limited	2101 Beneficial owner

TIL Enviro (HKSE:01790) Headlines

No Headlines