Kunming Yunnei Power Co (SZSE:000903) Receivables Turnover : 0.83 (As of Mar. 2024)

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What is Kunming Yunnei Power 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. Kunming Yunnei Power Co's Revenue for the three months ended in Mar. 2024 was ¥1,741 Mil. Kunming Yunnei Power Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,085 Mil. Hence, Kunming Yunnei Power Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.

Kunming Yunnei Power Co Receivables Turnover Historical Data

The historical data trend for Kunming Yunnei Power 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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Kunming Yunnei Power Co Receivables Turnover Chart

Kunming Yunnei Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.04

6.79

5.28

2.45

2.91

Kunming Yunnei Power 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															0.73	0.51	0.49	0.46	0.83

Competitive Comparison of Kunming Yunnei Power Co's Receivables Turnover

For the Auto Manufacturers subindustry, Kunming Yunnei Power 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.

Kunming Yunnei Power Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kunming Yunnei Power Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kunming Yunnei Power Co's Receivables Turnover falls into.

Kunming Yunnei Power Co Receivables Turnover Calculation

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

Kunming Yunnei Power 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 )
=	5314.394	/ (	(1844.834	+	1802.271)	/	2 )
=	5314.394	/	1823.5525
=	2.91

Kunming Yunnei Power 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 )
=	1740.573	/ (	(1802.271	+	2368.622)	/	2 )
=	1740.573	/	2085.4465
=	0.83

Kunming Yunnei Power Co (SZSE:000903) 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.

Kunming Yunnei Power Co Receivables Turnover Related Terms

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Kunming Yunnei Power Co (SZSE:000903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kunming Yunnei Power Co Ltd (SZSE:000903) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No.66, Jingjing Road, Kunming Economic and Technological Development Zone, Yunnan Province, Kunming, CHN, 650200

Website

http://www.yunneidongli.com

Kunming Yunnei Power Co Ltd is engaged in developing and manufacturing diesel engine. It offers engines for commercial vehicle, passenger cars and for off-road machines. Further, it is also involved in two major businesses of engine industrial chain and energy-saving new material industry in which it offers a product such as two powertrain assembly, two core technologies, energy-saving materials, new energy automobiles, agricultural machinery and others. Geographically the activities are carried out through China.

Executives

Wang De Qin	Supervisors
Lou Di Ming	Independent director
Yang Yong Zhong	Directors, executives
Kui Wei	Supervisors
Dai Yun Hui	Executives
Shen Li Zhong	Director
Shi Guo Jian	Supervisors
Yang Yang	Executives
Peng Wen Kai	Director
Li Ming Lu	Supervisors

Kunming Yunnei Power Co (SZSE:000903) Headlines

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