Beauty Farm Medical & Health Industry (HKSE:02373) Receivables Turnover : 31.67 (As of Dec. 2023)

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What is Beauty Farm Medical & Health Industry 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. Beauty Farm Medical & Health Industry's Revenue for the six months ended in Dec. 2023 was HK$1,212 Mil. Beauty Farm Medical & Health Industry's average Accounts Receivable for the six months ended in Dec. 2023 was HK$38 Mil. Hence, Beauty Farm Medical & Health Industry's Receivables Turnover for the six months ended in Dec. 2023 was 31.67.

Beauty Farm Medical & Health Industry Receivables Turnover Historical Data

The historical data trend for Beauty Farm Medical & Health Industry'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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Beauty Farm Medical & Health Industry Receivables Turnover Chart

Beauty Farm Medical & Health Industry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

46.34

46.14

53.28

45.62

62.04

Beauty Farm Medical & Health Industry Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			30.14	22.34	25.02	26.89	31.67

Competitive Comparison of Beauty Farm Medical & Health Industry's Receivables Turnover

For the Medical Care Facilities subindustry, Beauty Farm Medical & Health Industry'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.

Beauty Farm Medical & Health Industry's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Beauty Farm Medical & Health Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beauty Farm Medical & Health Industry's Receivables Turnover falls into.

Beauty Farm Medical & Health Industry Receivables Turnover Calculation

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

Beauty Farm Medical & Health Industry'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 )
=	2346.23	/ (	(41.716	+	33.919)	/	2 )
=	2346.23	/	37.8175
=	62.04

Beauty Farm Medical & Health Industry'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 )
=	1212.124	/ (	(42.62	+	33.919)	/	2 )
=	1212.124	/	38.2695
=	31.67

Beauty Farm Medical & Health Industry (HKSE:02373) 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.

Beauty Farm Medical & Health Industry Receivables Turnover Related Terms

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Beauty Farm Medical & Health Industry (HKSE:02373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Beauty Farm Medical & Health Industry Inc (HKSE:02373) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

XC5:Germany

Address

No.1089 Dongdaming Road, Unit 1206, 12th Floor, Hongkou District, Shanghai, CHN

Website

https://www.beautyfarm.com.cn

Beauty Farm Medical & Health Industry Inc is an investment holding company. The Company and its subsidiaries are principally engaged in providing beauty and health management service, including traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services in the People's Republic of China.

Executives

Li Yang	2202 Interest of your spouse
Li Fangyu	2101 Beneficial owner
Lian Songyong	2103 Interests held jointly with another person
Chen Xiaomei	2101 Beneficial owner
Trident Trust Company (hk) Limited	2201 Interest of corporation controlled by you
Shang Hai Pan Xin Yan Zhao Tou Zi Zi Xun You Xian Gong Si
Shang Hai Pan Xin Jia Ceng Tou Zi Guan Li You Xian Gong Si
Shang Hai You De Gu Quan Tou Zi Zhong Xin You Xian He Huo
Shang Hai Xin Zhi Yu Yuan Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Shang Hai Pan Nuo Qi Ye Guan Li Fu Wu You Xian Gong Si
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Liansy Family Holdings Limited	2201 Interest of corporation controlled by you
Lfye Management Holdings Limited	2201 Interest of corporation controlled by you

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