Shanghai Fengyuzhu Culture Technology Co (SHSE:603466) Receivables Turnover : 0.19 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Shanghai Fengyuzhu Culture Technology 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. Shanghai Fengyuzhu Culture Technology Co's Revenue for the three months ended in Mar. 2024 was ¥295 Mil. Shanghai Fengyuzhu Culture Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,521 Mil. Hence, Shanghai Fengyuzhu Culture Technology Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.19.

Shanghai Fengyuzhu Culture Technology Co Receivables Turnover Historical Data

The historical data trend for Shanghai Fengyuzhu Culture Technology 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.

Shanghai Fengyuzhu Culture Technology Co Receivables Turnover Chart

Shanghai Fengyuzhu Culture Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.37

2.17

2.25

1.19

1.59

Shanghai Fengyuzhu Culture Technology 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															0.30	0.35	0.60	0.33	0.19

Competitive Comparison of Shanghai Fengyuzhu Culture Technology Co's Receivables Turnover

For the Advertising Agencies subindustry, Shanghai Fengyuzhu Culture Technology 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 Fengyuzhu Culture Technology Co's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shanghai Fengyuzhu Culture Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Fengyuzhu Culture Technology Co's Receivables Turnover falls into.

Shanghai Fengyuzhu Culture Technology Co Receivables Turnover Calculation

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

Shanghai Fengyuzhu Culture Technology 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 )
=	2350.497	/ (	(1424.154	+	1534.17)	/	2 )
=	2350.497	/	1479.162
=	1.59

Shanghai Fengyuzhu Culture Technology 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 )
=	294.52	/ (	(1534.17	+	1507.207)	/	2 )
=	294.52	/	1520.6885
=	0.19

Shanghai Fengyuzhu Culture Technology Co (SHSE:603466) 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 Fengyuzhu Culture Technology Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Shanghai Fengyuzhu Culture Technology Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Fengyuzhu Culture Technology Co (SHSE:603466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shanghai Fengyuzhu Culture Technology Co Ltd (SHSE:603466) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 191, 193, Jiangchang Third Road, Jing'an District, Shanghai, CHN, 200436

Website

http://www.fengyuzhu.com.cn

Shanghai Fengyuzhu Culture Technology Co Ltd is engaged in the planning of the digital culture display experience system. Its products and services can be widely used in various venues and spaces with exhibition display needs, including Application areas based on urban public space, such as urban pavilions and park pavilions; Emerging exhibitions based on commercial and thematic spaces.

Executives

Li Hui	Director
Xin Hao Ying	Director
Zhang Shu Yu	senior management
Ha Zhang Hong	senior management
Wang Zheng Guo	senior management
Song Xiao Dong	senior management
Chen Li Wen	Directors, senior managers
Liu Jun	senior management
Li Cheng	senior management
Xue Yu Ci	Supervisors
You Dong Dong	senior management
Ru Jian Min	senior management

Shanghai Fengyuzhu Culture Technology Co (SHSE:603466) Headlines

No Headlines