GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Inner Mongolia Dian Tou Energy Corp Ltd (SZSE:002128) » Definitions » Receivables Turnover

Inner Mongolia Dian Tou Energy (SZSE:002128) Receivables Turnover : 2.81 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Inner Mongolia Dian Tou Energy 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. Inner Mongolia Dian Tou Energy's Revenue for the three months ended in Mar. 2024 was ¥7,345 Mil. Inner Mongolia Dian Tou Energy's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,612 Mil. Hence, Inner Mongolia Dian Tou Energy's Receivables Turnover for the three months ended in Mar. 2024 was 2.81.


Inner Mongolia Dian Tou Energy Receivables Turnover Historical Data

The historical data trend for Inner Mongolia Dian Tou Energy'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.

Inner Mongolia Dian Tou Energy Receivables Turnover Chart

Inner Mongolia Dian Tou Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 11.09 10.41 12.23 15.72

Inner Mongolia Dian Tou Energy 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 3.23 2.55 2.97 3.56 2.81

Competitive Comparison of Inner Mongolia Dian Tou Energy's Receivables Turnover

For the Thermal Coal subindustry, Inner Mongolia Dian Tou Energy'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.


Inner Mongolia Dian Tou Energy's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Inner Mongolia Dian Tou Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Dian Tou Energy's Receivables Turnover falls into.



Inner Mongolia Dian Tou Energy Receivables Turnover Calculation

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

Inner Mongolia Dian Tou Energy'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 )
=26845.53 / ((1528.065 + 1888.366) / 2 )
=26845.53 / 1708.2155
=15.72

Inner Mongolia Dian Tou Energy'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 )
=7344.609 / ((1888.366 + 3335.514) / 2 )
=7344.609 / 2611.94
=2.81

* 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.


Inner Mongolia Dian Tou Energy  (SZSE:002128) 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.


Inner Mongolia Dian Tou Energy Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Inner Mongolia Dian Tou Energy's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Inner Mongolia Dian Tou Energy (SZSE:002128) Business Description

Traded in Other Exchanges
N/A
Address
Zhelimu Avenue, Huolinguole, Inner Mongolia, CHN, 029200
Huolinhe Opencut Coal Industry Corp Ltd Of Inner Mongolia operates in the coal industry. The company's main business is the production and sales of coal products; thermal power generation, coal mining and power generation.
Executives
Wang Zhen Lin Executives
Wang Tie Jun Executives
Cao Guang Hua Supervisors
He Jiang Chao Director
Xu Zhang You Executives
Liu Ming Sheng Director
Bai Gui Tang Supervisors
Wang Shu Dong Director
Mu Yan Rong Director
Zhang Xia Director
Wang Zhi Tian Executives
Mao Ai Ying Supervisors
Zhang Ming Yu Independent director, within six months of separat
Chen Li Jie Directors, executives
Liu Yi Yong Directors, executives

Inner Mongolia Dian Tou Energy (SZSE:002128) Headlines

No Headlines