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Guangdong Jia Yuan Technology Shares Co (SHSE:688388) Receivables Turnover : 1.66 (As of Mar. 2024)


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What is Guangdong Jia Yuan Technology Shares 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. Guangdong Jia Yuan Technology Shares Co's Revenue for the three months ended in Mar. 2024 was ¥930 Mil. Guangdong Jia Yuan Technology Shares Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥562 Mil. Hence, Guangdong Jia Yuan Technology Shares Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.66.


Guangdong Jia Yuan Technology Shares Co Receivables Turnover Historical Data

The historical data trend for Guangdong Jia Yuan Technology Shares 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.

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Guangdong Jia Yuan Technology Shares Co Receivables Turnover Chart

Guangdong Jia Yuan Technology Shares Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.39 9.52 10.06 9.59 8.76

Guangdong Jia Yuan Technology Shares 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 1.86 2.16 2.63 2.00 1.66

Competitive Comparison of Guangdong Jia Yuan Technology Shares Co's Receivables Turnover

For the Copper subindustry, Guangdong Jia Yuan Technology Shares 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.


Guangdong Jia Yuan Technology Shares Co's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Jia Yuan Technology Shares Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangdong Jia Yuan Technology Shares Co's Receivables Turnover falls into.



Guangdong Jia Yuan Technology Shares Co Receivables Turnover Calculation

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

Guangdong Jia Yuan Technology Shares 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 )
=4968.597 / ((577.564 + 556.21) / 2 )
=4968.597 / 566.887
=8.76

Guangdong Jia Yuan Technology Shares 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 )
=929.972 / ((556.21 + 567.44) / 2 )
=929.972 / 561.825
=1.66

* 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.


Guangdong Jia Yuan Technology Shares Co  (SHSE:688388) 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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Guangdong Jia Yuan Technology Shares Co (SHSE:688388) Business Description

Traded in Other Exchanges
N/A
Address
Yanyang Town, Mei Count, Guangdong Province, Meizhou, CHN, 514759
Guangdong Jia Yuan Technology Shares Co Ltd is engaged in the research, production and sales of various types of high performance electrolytic copper foil, the main products are ultra-thin lithium battery copper foil and ultra-thin lithium battery copper foil.
Executives
Lai Shi Chang Director
Li Zhan Hua Director

Guangdong Jia Yuan Technology Shares Co (SHSE:688388) Headlines

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