C and D Holsin Engineering Consulting Co (SHSE:603909) Receivables Turnover : 2.02 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is C and D Holsin Engineering Consulting 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. C and D Holsin Engineering Consulting Co's Revenue for the three months ended in Mar. 2024 was ¥1,630 Mil. C and D Holsin Engineering Consulting Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥807 Mil. Hence, C and D Holsin Engineering Consulting Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.02.

C and D Holsin Engineering Consulting Co Receivables Turnover Historical Data

The historical data trend for C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting Co Receivables Turnover Chart

C and D Holsin Engineering Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.15

1.23

1.21

1.68

4.91

C and D Holsin Engineering Consulting 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															0.39	1.01	1.23	2.40	2.02

Competitive Comparison of C and D Holsin Engineering Consulting Co's Receivables Turnover

For the Engineering & Construction subindustry, C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, C and D Holsin Engineering Consulting Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where C and D Holsin Engineering Consulting Co's Receivables Turnover falls into.

C and D Holsin Engineering Consulting Co Receivables Turnover Calculation

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

C and D Holsin Engineering Consulting 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 )
=	3945.948	/ (	(775.989	+	832.334)	/	2 )
=	3945.948	/	804.1615
=	4.91

C and D Holsin Engineering Consulting 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 )
=	1629.981	/ (	(832.334	+	781.332)	/	2 )
=	1629.981	/	806.833
=	2.02

C and D Holsin Engineering Consulting Co (SHSE:603909) 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.

C and D Holsin Engineering Consulting Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of C and D Holsin Engineering Consulting Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

C and D Holsin Engineering Consulting Co (SHSE:603909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » C and D Holsin Engineering Consulting Co Ltd (SHSE:603909) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 2368, Fangzhong Road, Unit 1101-1104, Huli District, Fujian Province, Xiamen, CHN, 361009

Website

http://www.holsin.cn

C and D Holsin Engineering Consulting Co Ltd is a project management, design, and consulting company. It is engaged in building roads, bridges, and tunnels, and also provides traffic engineering and supporting ancillary works. It is specialized in engineering supervision, design consulting, test testing, repair and reinforcement, project management, engineering new material research and development and application, and other technical services.

Executives

Guo Mei Fen	senior management
Gao Wei Lin	senior management
Liu Zhi Xun	senior management
Kang Ming Xu	Directors, senior managers
Huang He Bin	Directors, senior managers
Xu Hui	senior management
Shen Ming Hua	Supervisors
Huang Ai Ping	Director
Huang Cong Zeng	Director
Shen Zhi Xian	Supervisors
Liu De Quan	Directors, senior managers
Chen Han Bin	Supervisors
Chen Tian Pei	Directors, senior managers

C and D Holsin Engineering Consulting Co (SHSE:603909) Headlines

No Headlines