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Nyocor Co (SHSE:600821) Receivables Turnover : 0.14 (As of Mar. 2024)


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What is Nyocor Co 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. Nyocor Co's Revenue for the three months ended in Mar. 2024 was ¥843 Mil. Nyocor Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥6,196 Mil. Hence, Nyocor Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.14.


Nyocor Co Receivables Turnover Historical Data

The historical data trend for Nyocor Co'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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Nyocor Co Receivables Turnover Chart

Nyocor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.73 0.66 0.68 0.59

Nyocor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.15 0.13 0.12 0.14

Competitive Comparison of Nyocor Co's Receivables Turnover

For the Utilities - Renewable subindustry, Nyocor Co'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.


Nyocor Co's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nyocor Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nyocor Co's Receivables Turnover falls into.



Nyocor Co Receivables Turnover Calculation

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

Nyocor Co'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 )
=3327.748 / ((5323.008 + 5890.225) / 2 )
=3327.748 / 5606.6165
=0.59

Nyocor Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=843.171 / ((5890.225 + 6501.847) / 2 )
=843.171 / 6196.036
=0.14

* 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.


Nyocor Co  (SHSE:600821) 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.


Nyocor Co Receivables Turnover Related Terms

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Nyocor Co (SHSE:600821) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Guizhou Road, Room 411, Longtong Building, Heping District, Tianjin, CHN, 100044
Nyocor Co Ltd, formerly Tianjin Quanyechang (Group) Co Ltd operates in the retail business in China. The company's stores include Zhou Shengsheng which deals in jewelry, an Apple store that provides electronics, and Li Ning offers western clothes.
Executives
Jiang Hong Supervisors
Yang Ting senior management
Sha Zhen Ming Supervisors

Nyocor Co (SHSE:600821) Headlines

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