GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Catarc Automotive Proving Ground Co Ltd (SZSE:301215) » Definitions » Receivables Turnover

Catarc Automotive Proving Ground Co (SZSE:301215) Receivables Turnover : 0.47 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Catarc Automotive Proving Ground 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. Catarc Automotive Proving Ground Co's Revenue for the three months ended in Mar. 2024 was ¥67.7 Mil. Catarc Automotive Proving Ground Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥144.5 Mil. Hence, Catarc Automotive Proving Ground Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.47.


Catarc Automotive Proving Ground Co Receivables Turnover Historical Data

The historical data trend for Catarc Automotive Proving Ground 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.

* Premium members only.

Catarc Automotive Proving Ground Co Receivables Turnover Chart

Catarc Automotive Proving Ground Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 1.64 1.60 2.52 2.82 2.79

Catarc Automotive Proving Ground Co Quarterly Data
Dec17 Dec18 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 0.49 0.53 0.52 0.61 0.47

Competitive Comparison of Catarc Automotive Proving Ground Co's Receivables Turnover

For the Auto & Truck Dealerships subindustry, Catarc Automotive Proving Ground 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.


Catarc Automotive Proving Ground Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Catarc Automotive Proving Ground Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Catarc Automotive Proving Ground Co's Receivables Turnover falls into.



Catarc Automotive Proving Ground Co Receivables Turnover Calculation

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

Catarc Automotive Proving Ground 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 )
=356.731 / ((126.745 + 129.088) / 2 )
=356.731 / 127.9165
=2.79

Catarc Automotive Proving Ground 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 )
=67.748 / ((129.088 + 159.931) / 2 )
=67.748 / 144.5095
=0.47

* 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.


Catarc Automotive Proving Ground Co  (SZSE:301215) 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.


Catarc Automotive Proving Ground Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Catarc Automotive Proving Ground Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Catarc Automotive Proving Ground Co (SZSE:301215) Business Description

Traded in Other Exchanges
N/A
Address
Dafeng Port Economic Zone, Dafeng District, Jiangsu Province, Yancheng City, CHN, 224100
Catarc Automotive Proving Ground Co Ltd provides field test technical services for automobile manufacturers, automobile inspection institutions, automobile chassis component system enterprises, and tire enterprises and other customers.

Catarc Automotive Proving Ground Co (SZSE:301215) Headlines

No Headlines