SDIC Intelligence Xiamen Information Co (SZSE:300188) Receivables Turnover : 0.19 (As of Mar. 2024)

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What is SDIC Intelligence Xiamen Information 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. SDIC Intelligence Xiamen Information Co's Revenue for the three months ended in Mar. 2024 was ¥194 Mil. SDIC Intelligence Xiamen Information Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,013 Mil. Hence, SDIC Intelligence Xiamen Information Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.19.

SDIC Intelligence Xiamen Information Co Receivables Turnover Historical Data

The historical data trend for SDIC Intelligence Xiamen Information 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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SDIC Intelligence Xiamen Information Co Receivables Turnover Chart

SDIC Intelligence Xiamen Information Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.25

3.42

3.18

2.43

1.92

SDIC Intelligence Xiamen Information 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															0.14	0.30	0.29	1.21	0.19

Competitive Comparison of SDIC Intelligence Xiamen Information Co's Receivables Turnover

For the Security & Protection Services subindustry, SDIC Intelligence Xiamen Information 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.

SDIC Intelligence Xiamen Information Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SDIC Intelligence Xiamen Information Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SDIC Intelligence Xiamen Information Co's Receivables Turnover falls into.

SDIC Intelligence Xiamen Information Co Receivables Turnover Calculation

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

SDIC Intelligence Xiamen Information 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 )
=	1983.723	/ (	(1032.268	+	1036.438)	/	2 )
=	1983.723	/	1034.353
=	1.92

SDIC Intelligence Xiamen Information 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 )
=	194.203	/ (	(1036.438	+	989.606)	/	2 )
=	194.203	/	1013.022
=	0.19

SDIC Intelligence Xiamen Information Co (SZSE:300188) 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.

SDIC Intelligence Xiamen Information Co Receivables Turnover Related Terms

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SDIC Intelligence Xiamen Information Co (SZSE:300188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SDIC Intelligence Xiamen Information Co Ltd (SZSE:300188) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meiya Pico Building, No 12 Guanri Road, 2nd Phase of Xiamen Software Park, Fujian, Xiamen, CHN, 361008

Website

https://www.meiyapico.com

SDIC Intelligence Xiamen Information Co Ltd provides digital forensic and information security products and services. The company's major products include include electronic data forensics, cyberspace security, big data information products and Internet digital intellectual property protection services.

Executives

Li Guo Lin	Supervisors
Shui Jun	Executives
Ge Peng	Executives
Luan Jiang Xia	Executives
Wu Hong Wei	Executives
Du Xin Sheng	Executives
Zhou Cheng Zu	Executives
Zhang Nai Jun	Executives
Cai Zhi Ping	Directors, executives
Shen Qiang	Directors, executives
Ding Wen Bo	Director
Su Xue Wu	Executives
Zhang Xue Feng	Executives
Guo Yong Fang	Director
Wei Yu Rong	Director

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