Luyuan Group Holding (Cayman) (HKSE:02451) Receivables Turnover : 28.98 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Luyuan Group Holding (Cayman) 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. Luyuan Group Holding (Cayman)'s Revenue for the six months ended in Dec. 2023 was HK$5,560 Mil. Luyuan Group Holding (Cayman)'s average Accounts Receivable for the six months ended in Dec. 2023 was HK$192 Mil. Hence, Luyuan Group Holding (Cayman)'s Receivables Turnover for the six months ended in Dec. 2023 was 28.98.

Luyuan Group Holding (Cayman) Receivables Turnover Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Receivables Turnover Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

21.12

28.98

31.21

28.98

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Receivables Turnover	21.12	28.98	31.21	28.98

Competitive Comparison of Luyuan Group Holding (Cayman)'s Receivables Turnover

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Receivables Turnover falls into.

Luyuan Group Holding (Cayman) Receivables Turnover Calculation

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

Luyuan Group Holding (Cayman)'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 )
=	5559.658	/ (	(186.996	+	196.703)	/	2 )
=	5559.658	/	191.8495
=	28.98

Luyuan Group Holding (Cayman)'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: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	5559.658	/ (	(186.996	+	196.703)	/	2 )
=	5559.658	/	191.8495
=	28.98

Luyuan Group Holding (Cayman) (HKSE:02451) 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.

Luyuan Group Holding (Cayman) Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Luyuan Group Holding (Cayman)'s Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

No Headlines