Yarward Electronics (Shandong) Co (SZSE:301337) Receivables Turnover : 0.15 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Yarward Electronics (Shandong) 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. Yarward Electronics (Shandong) Co's Revenue for the three months ended in Mar. 2024 was ¥30.4 Mil. Yarward Electronics (Shandong) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥208.2 Mil. Hence, Yarward Electronics (Shandong) Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.15.

Yarward Electronics (Shandong) Co Receivables Turnover Historical Data

The historical data trend for Yarward Electronics (Shandong) 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.

Yarward Electronics (Shandong) Co Receivables Turnover Chart

Yarward Electronics (Shandong) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.80

4.27

4.58

2.16

1.83

Yarward Electronics (Shandong) Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial										0.37	0.54	0.45	0.54	0.15

Competitive Comparison of Yarward Electronics (Shandong) Co's Receivables Turnover

For the Health Information Services subindustry, Yarward Electronics (Shandong) 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.

Yarward Electronics (Shandong) Co's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yarward Electronics (Shandong) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yarward Electronics (Shandong) Co's Receivables Turnover falls into.

Yarward Electronics (Shandong) Co Receivables Turnover Calculation

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

Yarward Electronics (Shandong) 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 )
=	351.31	/ (	(163.468	+	219.964)	/	2 )
=	351.31	/	191.716
=	1.83

Yarward Electronics (Shandong) 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 )
=	30.439	/ (	(219.964	+	196.392)	/	2 )
=	30.439	/	208.178
=	0.15

Yarward Electronics (Shandong) Co (SZSE:301337) 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.

Yarward Electronics (Shandong) Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Yarward Electronics (Shandong) Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Yarward Electronics (Shandong) Co (SZSE:301337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yarward Electronics (Shandong) Co Ltd (SZSE:301337) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9509, Qinglongshan Road, High-tech Zone, Shandong Province, Zibo, CHN, 255000

Website

http://www.yarward.com

Yarward Electronics (Shandong) Co Ltd is engaged in the Research and development, production and sales of intelligent communication and interactive systems for hospitals. Its Products and solutions include YH-997S, YH-916S, YH series, YH-W8, Corridor display, Cascade host, Bedside extension, Door extension and light, Mobile medical extension and others.

Yarward Electronics (Shandong) Co (SZSE:301337) Headlines

No Headlines