Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Receivables Turnover : 0.96 (As of Mar. 2024)

Shanghai Automobile Air-Conditioner Accessories Co Receivables Turnover Chart

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									0.88	0.93	1.05	1.02	0.96

Competitive Comparison of Shanghai Automobile Air-Conditioner Accessories Co's Receivables Turnover

For the Auto Parts subindustry, Shanghai Automobile Air-Conditioner Accessories 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.

Shanghai Automobile Air-Conditioner Accessories Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Automobile Air-Conditioner Accessories Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Automobile Air-Conditioner Accessories Co's Receivables Turnover falls into.

Shanghai Automobile Air-Conditioner Accessories Co Receivables Turnover Calculation

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

Shanghai Automobile Air-Conditioner Accessories Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Automobile Air-Conditioner Accessories Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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 Automobile Air-Conditioner Accessories Co  (SHSE:603107) 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.

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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Business Description