Tak Lee Machinery Holdings (HKSE:02102) Receivables Turnover : 1.33 (As of Jan. 2024)

Tak Lee Machinery Holdings Receivables Turnover Chart

Tak Lee Machinery Holdings Annual Data
	Trend	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Receivables Turnover		Get a 7-Day Free Trial				6.25	5.04	3.69	3.95	2.72

Tak Lee Machinery Holdings Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Receivables Turnover	Get a 7-Day Free Trial													2.02	2.47	1.45	1.50	1.33

Competitive Comparison of Tak Lee Machinery Holdings's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Tak Lee Machinery 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.

Tak Lee Machinery Holdings's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tak Lee Machinery Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tak Lee Machinery Holdings's Receivables Turnover falls into.

Tak Lee Machinery Holdings Receivables Turnover Calculation

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

Tak Lee Machinery Holdings's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Tak Lee Machinery Holdings's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

* 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.

Tak Lee Machinery Holdings  (HKSE:02102) 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.

Tak Lee Machinery Holdings Receivables Turnover Related Terms

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

Tak Lee Machinery Holdings (HKSE:02102) Business Description