Minmetals Development Co

Minmetals Development Co Receivables Turnover

The Receivables Turnover Ratio of Minmetals Development Co (600058.SS) as of Oct 23, 2026 is 7.74. In the previous year, Receivables Turnover Ratio was 9.96 — a change of -22.28% (lower).

Receivables Turnover

7.74

YoY

-22.28%

Last updated:

Receivables Turnover Ratio of Minmetals Development Co is 2024 7.74 . Receivables Turnover Ratio of Minmetals Development Co was 2023 9.96 . It decreases by -22.28% lower compared to the previous year.

The Minmetals Development Co Receivables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Receivables Turnover
Date
Receivables Turnover
Jan 1, 2017
12.40 CNY
Jan 1, 2018
10.10 CNY
Jan 1, 2019
11.31 CNY
Jan 1, 2020
11.41 CNY
Jan 1, 2021
12.11 CNY
Jan 1, 2022
9.38 CNY
Jan 1, 2023
9.96 CNY
Jan 1, 2024
7.74 CNY
The Minmetals Development Co Receivables Turnover history
YEARReceivables TurnoverYoY
7.74-22.28%
9.96+6.17%
9.38-22.53%
12.11+6.10%
11.41+0.90%
11.31+12.04%
10.10-18.55%
12.40+46.38%
8.47-17.22%
10.23-21.10%
12.97—

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Minmetals Development Co Stock analysis

What does Minmetals Development Co do? Minmetals Development Co., Ltd. generates revenue through integrated steel trading and logistics services, offering products such as strip steel, steel bar, stainless steel, steel tube, automobile parts, and castings. The company supplies metallurgy raw materials including cast iron, coke, billet steel, steel scrap, fire resistant material, and alloy, serving both domestic and overseas markets. Its e-commerce platform supports bid inviting and operational activities, facilitating transactions for clients in the steel and metallurgy sectors. The firm targets industrial buyers and logistics providers seeking comprehensive steel solutions and material procurement. The business model leverages its extensive product portfolio across steel products and raw materials, with a focus on domestic and international trade. Logistics services and e-commerce operations enhance customer acquisition and retention, particularly for enterprises requiring consistent supply chains. Revenue streams include direct sales of steel products, raw material supply contracts, and platform-based transaction fees from bid inviting services. Minmetals Development operates within the steel and metallurgy industry, catering to industrial clients involved in manufacturing, construction, and automotive sectors. Its integrated approach combines physical product sales with digital platform services, creating a seamless experience for buyers of steel and related materials. The company's workforce of 3,028 full-time employees supports these operations across multiple markets. Minmetals Development Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Minmetals Development Co stock

Receivables Turnover Ratio of Minmetals Development Co is 7.74 in 2024.

Receivables Turnover Ratio of Minmetals Development Co changed from 9.96 to 7.74, representing a -22.28% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Receivables Turnover Ratio Minmetals Development Co since 2006 – with annual values, charts, and detailed analysis.

Receivables turnover measures how efficiently a company collects its receivables. Higher turnover indicates faster collection.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Receivables Turnover Ratio's Minmetals Development Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Receivables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Receivables Turnover Ratio.

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Profitability — Minmetals Development Co

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