GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shaanxi Beiyuan Chemical Industry Group Co Ltd (SHSE:601568) » Definitions » Receivables Turnover

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Receivables Turnover : 31.41 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shaanxi Beiyuan Chemical Industry Group 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. Shaanxi Beiyuan Chemical Industry Group Co's Revenue for the three months ended in Mar. 2024 was ¥2,182 Mil. Shaanxi Beiyuan Chemical Industry Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥69 Mil. Hence, Shaanxi Beiyuan Chemical Industry Group Co's Receivables Turnover for the three months ended in Mar. 2024 was 31.41.


Shaanxi Beiyuan Chemical Industry Group Co Receivables Turnover Historical Data

The historical data trend for Shaanxi Beiyuan Chemical Industry Group 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.

* Premium members only.

Shaanxi Beiyuan Chemical Industry Group Co Receivables Turnover Chart

Shaanxi Beiyuan Chemical Industry Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 92.73 163.62 201.49 191.29 181.52

Shaanxi Beiyuan Chemical Industry Group 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 26.46 24.85 31.23 33.60 31.41

Competitive Comparison of Shaanxi Beiyuan Chemical Industry Group Co's Receivables Turnover

For the Chemicals subindustry, Shaanxi Beiyuan Chemical Industry Group 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.


Shaanxi Beiyuan Chemical Industry Group Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shaanxi Beiyuan Chemical Industry Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shaanxi Beiyuan Chemical Industry Group Co's Receivables Turnover falls into.



Shaanxi Beiyuan Chemical Industry Group Co Receivables Turnover Calculation

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

Shaanxi Beiyuan Chemical Industry Group 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 )
=10966.537 / ((66.812 + 54.017) / 2 )
=10966.537 / 60.4145
=181.52

Shaanxi Beiyuan Chemical Industry Group 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 )
=2182.375 / ((54.017 + 84.945) / 2 )
=2182.375 / 69.481
=31.41

* 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.


Shaanxi Beiyuan Chemical Industry Group Co  (SHSE:601568) 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.


Shaanxi Beiyuan Chemical Industry Group Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Shaanxi Beiyuan Chemical Industry Group Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Business Description

Traded in Other Exchanges
N/A
Address
Jinjie Industrial Park, Shenmu City, Shaanxi Province, Yulin, CHN, 719319
Shaanxi Beiyuan Chemical Industry Group Co Ltd is engaged in the production and sales of polyvinyl chloride, caustic soda, polyethylene, polysilicon, metallic magnesium and various other products.

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Headlines

No Headlines