Shenzhen Feima International Supply Chain Co (SZSE:002210) Receivables Turnover : 0.24 (As of Mar. 2024)

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What is Shenzhen Feima International Supply Chain 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. Shenzhen Feima International Supply Chain Co's Revenue for the three months ended in Mar. 2024 was ¥62.2 Mil. Shenzhen Feima International Supply Chain Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥257.1 Mil. Hence, Shenzhen Feima International Supply Chain Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.24.

Shenzhen Feima International Supply Chain Co Receivables Turnover Historical Data

The historical data trend for Shenzhen Feima International Supply Chain 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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Shenzhen Feima International Supply Chain Co Receivables Turnover Chart

Shenzhen Feima International Supply Chain Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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0.22

0.41

2.53

2.10

1.53

Shenzhen Feima International Supply Chain 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															0.36	0.57	0.37	0.28	0.24

Competitive Comparison of Shenzhen Feima International Supply Chain Co's Receivables Turnover

For the Airports & Air Services subindustry, Shenzhen Feima International Supply Chain 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.

Shenzhen Feima International Supply Chain Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shenzhen Feima International Supply Chain Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Feima International Supply Chain Co's Receivables Turnover falls into.

Shenzhen Feima International Supply Chain Co Receivables Turnover Calculation

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

Shenzhen Feima International Supply Chain 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 )
=	355.634	/ (	(200.006	+	265.986)	/	2 )
=	355.634	/	232.996
=	1.53

Shenzhen Feima International Supply Chain 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 )
=	62.213	/ (	(265.986	+	248.173)	/	2 )
=	62.213	/	257.0795
=	0.24

Shenzhen Feima International Supply Chain Co (SZSE:002210) 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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Shenzhen Feima International Supply Chain Co (SZSE:002210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shenzhen Feima International Supply Chain Co Ltd (SZSE:002210) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

26th Floor, Shennan Avenue, Sunshine Golf Builing, Futian District, Shenzhen, CHN, 518040

Website

http://www.fmscm.com

Shenzhen Feima International Supply Chain Co Ltd is a supply chain service provider. The service offered by the group include coal supply chain services, plastic supply chain services and non-ferrous metal supply chain services.

Executives

Zhao Zi Jun	Director
Yan Jin Fa	Independent director
Huang Shan Min	Directors, executives
Cao Jie	Directors, executives
Zhan Shuang	Supervisors
Qiao Kang	Supervisors
Zhao Zi Min	Supervisors
Wang Li Mei	Director
Luo Zhao Liang	Supervisors
Yin Jian	Director
Huang Zhuang Mian	Directors, executives
Huang Tao	Executives

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