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Dlg Exhibitions & Events (SHSE:600826) Receivables Turnover : 1.79 (As of Mar. 2024)


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What is Dlg Exhibitions & Events 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. Dlg Exhibitions & Events's Revenue for the three months ended in Mar. 2024 was ¥177 Mil. Dlg Exhibitions & Events's average Accounts Receivable for the three months ended in Mar. 2024 was ¥99 Mil. Hence, Dlg Exhibitions & Events's Receivables Turnover for the three months ended in Mar. 2024 was 1.79.


Dlg Exhibitions & Events Receivables Turnover Historical Data

The historical data trend for Dlg Exhibitions & Events'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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Dlg Exhibitions & Events Receivables Turnover Chart

Dlg Exhibitions & Events 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 33.53 21.45 9.75 7.21 11.19

Dlg Exhibitions & Events 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 0.65 12.11 7.96 5.01 1.79

Competitive Comparison of Dlg Exhibitions & Events's Receivables Turnover

For the Advertising Agencies subindustry, Dlg Exhibitions & Events'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.


Dlg Exhibitions & Events's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dlg Exhibitions & Events's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dlg Exhibitions & Events's Receivables Turnover falls into.



Dlg Exhibitions & Events Receivables Turnover Calculation

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

Dlg Exhibitions & Events'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 )
=1421.958 / ((126.117 + 128.091) / 2 )
=1421.958 / 127.104
=11.19

Dlg Exhibitions & Events'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 )
=176.855 / ((128.091 + 69.052) / 2 )
=176.855 / 98.5715
=1.79

* 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.


Dlg Exhibitions & Events  (SHSE:600826) 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.


Dlg Exhibitions & Events Receivables Turnover Related Terms

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Dlg Exhibitions & Events (SHSE:600826) Business Description

Traded in Other Exchanges
N/A
Address
No. 161 Lujiazui East Road, Room 2602, Pudong, Shanghai, CHN, 200040
Dlg Exhibitions & Events Corp Ltd has exhibition business resources in many fields and the whole industry chain, including exhibition organization, exhibition hall operation, conferences, events, competitions, and exhibition services.

Dlg Exhibitions & Events (SHSE:600826) Headlines

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