G A Holdings (HKSE:08126) Receivables Turnover : 5.21 (As of Dec. 2023)

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What is G A 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. G A Holdings's Revenue for the three months ended in Dec. 2023 was HK$546 Mil. G A Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$105 Mil. Hence, G A Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 5.21.

G A Holdings Receivables Turnover Historical Data

The historical data trend for G A 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.

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G A Holdings Receivables Turnover Chart

G A Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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17.14

15.19

18.20

18.59

17.32

G A Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															4.43	3.94	4.14	4.41	5.21

Competitive Comparison of G A Holdings's Receivables Turnover

For the Auto & Truck Dealerships subindustry, G A 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.

G A Holdings's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, G A Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where G A Holdings's Receivables Turnover falls into.

G A Holdings Receivables Turnover Calculation

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

G A 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 )
=	2080.324	/ (	(135.501	+	104.688)	/	2 )
=	2080.324	/	120.0945
=	17.32

G A 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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	545.893	/ (	(0	+	104.688)	/	1 )
=	545.893	/	104.688
=	5.21

G A Holdings (HKSE:08126) 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.

G A Holdings Receivables Turnover Related Terms

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G A Holdings (HKSE:08126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » G A Holdings Ltd (HKSE:08126) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Goldhill Plaza, No. 15-05, Singapore, SGP, 308900

Website

https://www.ga-holdings.com.hk

G A Holdings Ltd is principally engaged in the sales of luxurious motor vehicles, provision of car-related technical services, servicing of motor vehicles, and sales of auto parts. Their subsidiaries are authorized after-sales service providers of BMW, Mini, and distributors of Ferrari and Maserati. The company operates in two segments: motor vehicles sales and services business segment which generates maximum revenue consisting of motor vehicle distribution and dealership business, which includes sales of motor vehicles and provision of after-sales services as well as includes the operation of motor vehicles service shop, sales of auto parts, provision of car-related technical services and other value-added motor vehicles service; car rental business segment.

Executives

Galligan Holdings Limited	2301 Trustee
Butterfield Trust (asia) Limited	2301 Trustee
Credit Suisse Trust Limited	2301 Trustee

G A Holdings (HKSE:08126) Headlines

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