DBG Technology Co (SZSE:300735) Receivables Turnover : 1.20 (As of Mar. 2024)

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What is DBG Technology 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. DBG Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,662 Mil. DBG Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,389 Mil. Hence, DBG Technology Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.20.

DBG Technology Co Receivables Turnover Historical Data

The historical data trend for DBG Technology 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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DBG Technology Co Receivables Turnover Chart

DBG Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.93

4.43

3.45

3.22

4.20

DBG Technology 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															0.78	1.16	1.36	1.33	1.20

Competitive Comparison of DBG Technology Co's Receivables Turnover

For the Consumer Electronics subindustry, DBG Technology 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.

DBG Technology Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DBG Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DBG Technology Co's Receivables Turnover falls into.

DBG Technology Co Receivables Turnover Calculation

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

DBG Technology 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 )
=	5402.449	/ (	(1002.07	+	1571.001)	/	2 )
=	5402.449	/	1286.5355
=	4.20

DBG Technology 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 )
=	1662.465	/ (	(1571.001	+	1207.474)	/	2 )
=	1662.465	/	1389.2375
=	1.20

DBG Technology Co (SZSE:300735) 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.

DBG Technology Co Receivables Turnover Related Terms

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DBG Technology Co (SZSE:300735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DBG Technology Co Ltd (SZSE:300735) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No.5, Yongda Road, Xiang Shui River Industrial Area, Daya Bay, Huizhou, Guangdong, CHN, 516803

Website

http://dbg-ems-odm.com

DBG Technology Co Ltd is a China-based company engages in the manufacture of mobile electronic parts. The company manufacture, assemble, test, and fulfill contract electronic manufacturing needs, including tablet computers, smartphones, network gateways, automotive OBDs and electronics, optical fiber network terminals, advanced LED lighting modules, Bluetooth-enabled devices, notebook computers, all-in-one computers, GPS trackers, TV set-top boxes, and remote trainers for dogs.

Executives

Li Zheng Da	Executives
Wang Jun Fa	Executives
Zhu Jian Jun	Executives
Su Zhi Biao	Directors, executives
Tang Jian Xing	Directors, executives
Xiao Yu Cai	Executives
Yang Rong	Secretary Dong
Xiao Miao Wen	Director
Zhang Ping	Supervisors

DBG Technology Co (SZSE:300735) Headlines

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