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Shanghai DZH (SHSE:601519) Receivables Turnover : 1.98 (As of Mar. 2024)


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What is Shanghai DZH 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. Shanghai DZH's Revenue for the three months ended in Mar. 2024 was ¥159.6 Mil. Shanghai DZH's average Accounts Receivable for the three months ended in Mar. 2024 was ¥80.4 Mil. Hence, Shanghai DZH's Receivables Turnover for the three months ended in Mar. 2024 was 1.98.


Shanghai DZH Receivables Turnover Historical Data

The historical data trend for Shanghai DZH'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.

Shanghai DZH Receivables Turnover Chart

Shanghai DZH 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 8.82 9.75 12.09 10.16 9.13

Shanghai DZH 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 1.92 2.23 2.20 2.71 1.98

Competitive Comparison of Shanghai DZH's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, Shanghai DZH'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.


Shanghai DZH's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shanghai DZH's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai DZH's Receivables Turnover falls into.



Shanghai DZH Receivables Turnover Calculation

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

Shanghai DZH'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 )
=777.391 / ((85.43 + 84.818) / 2 )
=777.391 / 85.124
=9.13

Shanghai DZH'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 )
=159.647 / ((84.818 + 76.067) / 2 )
=159.647 / 80.4425
=1.98

* 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.


Shanghai DZH  (SHSE:601519) 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.


Shanghai DZH Receivables Turnover Related Terms

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Shanghai DZH (SHSE:601519) Business Description

Traded in Other Exchanges
N/A
Address
Yanggao South Road, Building 1, Number 428, Pudong, Shanghai, CHN, 200127
Shanghai DZH Ltd operates as an Internet financial information service provider in China. It offers professional financial data and data analysis services. It also provides non-investment consulting and agency-specific software products. In addition, the company offers financial information integrated services internationally.
Executives
Shen Rui Bo Director
Fang Tao Director
Wang Qin Director
Chen Zhi Director
Xu Ke Director
Wang Mei Director
Wang Ri Hong Director
Shen Jian Supervisors
Shen Yu Director
Lv Shen Qiang senior management

Shanghai DZH (SHSE:601519) Headlines

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