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Lucas GC (Lucas GC) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Lucas GC 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. Lucas GC's Revenue for the three months ended in Dec. 2023 was $0.0 Mil. Lucas GC's average Accounts Receivable for the three months ended in Dec. 2023 was $5.0 Mil.

Lucas GC Receivables Turnover Historical Data

The historical data trend for Lucas GC'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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Lucas GC Receivables Turnover Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
5.71 13.42 9.23 22.10

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Lucas GC's Receivables Turnover

For the Software - Application subindustry, Lucas GC'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.

Lucas GC's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Lucas GC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lucas GC's Receivables Turnover falls into.


Lucas GC Receivables Turnover Calculation

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

Lucas GC'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 )
=206.431 / ((14.74 + 3.942) / 2 )
=206.431 / 9.341
=22.10

Lucas GC'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 )
=0 / ((6.067 + 3.942) / 2 )
=0 / 5.0045
=N/A

* 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.

Lucas GC  (NAS:LGCL) 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.

Lucas GC Receivables Turnover Related Terms

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Lucas GC (Lucas GC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lucas GC Ltd (NAS:LGCL) » Definitions » Receivables Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Website
https://hunter.lucasgchr.com
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.