Sailvan Times Co (SZSE:301381) Receivables Turnover : 8.03 (As of Mar. 2024)

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What is Sailvan Times 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. Sailvan Times Co's Revenue for the three months ended in Mar. 2024 was ¥1,799 Mil. Sailvan Times Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥224 Mil. Hence, Sailvan Times Co's Receivables Turnover for the three months ended in Mar. 2024 was 8.03.

Sailvan Times Co Receivables Turnover Historical Data

The historical data trend for Sailvan Times 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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Sailvan Times Co Receivables Turnover Chart

Sailvan Times Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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16.15

22.24

26.63

23.30

27.06

Sailvan Times Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial														5.80	8.54	8.69	11.19	8.03

Competitive Comparison of Sailvan Times Co's Receivables Turnover

For the Internet Retail subindustry, Sailvan Times 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.

Sailvan Times Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sailvan Times Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sailvan Times Co's Receivables Turnover falls into.

Sailvan Times Co Receivables Turnover Calculation

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

Sailvan Times 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 )
=	6563.663	/ (	(266.323	+	218.808)	/	2 )
=	6563.663	/	242.5655
=	27.06

Sailvan Times 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 )
=	1799.017	/ (	(218.808	+	229.15)	/	2 )
=	1799.017	/	223.979
=	8.03

Sailvan Times Co (SZSE:301381) 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.

Sailvan Times Co Receivables Turnover Related Terms

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Sailvan Times Co (SZSE:301381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sailvan Times Co Ltd (SZSE:301381) » Definitions » Receivables Turnover

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Address

Nanwan Street, Room 1001, No. 6, Kangli City, Shanglilang Community, Longgang District, Guangdong, Shenzhen, CHN, 518112

Website

https://www.sailvan.com

Sailvan Times Co Ltd is a technology-driven export cross-border brand e-commerce. The company sells high-quality and individuality to global consumers through third-party e-commerce platforms such as Amazon, Walmart, eBay, Wish, and vertical category self-operated websites such as SHESHOW and Retro Stage. It offers modern lifestyle products, including clothing accessories, sports and entertainment, department stores and home furnishings and others. The company also provides logistics services to third parties based on its comprehensive cross-border warehousing and logistics system.

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