Nations Technologies (SZSE:300077) Receivables Turnover : 0.93 (As of Mar. 2024)

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What is Nations Technologies 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. Nations Technologies's Revenue for the three months ended in Mar. 2024 was ¥231 Mil. Nations Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ¥247 Mil. Hence, Nations Technologies's Receivables Turnover for the three months ended in Mar. 2024 was 0.93.

Nations Technologies Receivables Turnover Historical Data

The historical data trend for Nations Technologies'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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Nations Technologies Receivables Turnover Chart

Nations Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.10

1.75

4.96

5.62

4.60

Nations Technologies 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															0.93	0.97	1.08	1.08	0.93

Competitive Comparison of Nations Technologies's Receivables Turnover

For the Semiconductors subindustry, Nations Technologies'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.

Nations Technologies's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nations Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nations Technologies's Receivables Turnover falls into.

Nations Technologies Receivables Turnover Calculation

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

Nations Technologies'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 )
=	1036.753	/ (	(217.767	+	233.1)	/	2 )
=	1036.753	/	225.4335
=	4.60

Nations Technologies'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 )
=	230.57	/ (	(233.1	+	260.859)	/	2 )
=	230.57	/	246.9795
=	0.93

Nations Technologies (SZSE:300077) 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.

Nations Technologies Receivables Turnover Related Terms

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Nations Technologies (SZSE:300077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nations Technologies Inc (SZSE:300077) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 109 Baoshen Road, National Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.nationz.com.cn

Nations Technologies Inc is a China-based company. It provides secure IC products and services in Internet identification authentication, TPM, secure modules, and personal digital security products and services. Its products include mobile identity, online banking, data encryption, e-Government, financial transaction and many others.

Executives

Liu Hong Jing	Directors, executives
Xu Guo Hui	Securities Affairs Representative
Luo Zhao Xue	Director
Sun Ying Tong	Directors, executives
Yu Jun Jie	Directors, executives
Guan Shi Yuan	Executives
Zhou Jian Bo	Supervisors
Zhang Bin	Executives
Yu Yun Bo	Directors, executives
Wang Tao	Securities Affairs Representative
Liu Xiao Yu	Executives
Peng Bo	Supervisors
Lu Lin	Executives
Sun Yuan	Executives
Huang Fu Hong Jun	Executives

Nations Technologies (SZSE:300077) Headlines

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