SemiLEDs (FRA:6LD1) Receivables Turnover : 1.08 (As of Feb. 2024)

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What is SemiLEDs 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. SemiLEDs's Revenue for the three months ended in Feb. 2024 was €0.82 Mil. SemiLEDs's average Accounts Receivable for the three months ended in Feb. 2024 was €0.76 Mil. Hence, SemiLEDs's Receivables Turnover for the three months ended in Feb. 2024 was 1.08.

SemiLEDs Receivables Turnover Historical Data

The historical data trend for SemiLEDs'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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SemiLEDs Receivables Turnover Chart

SemiLEDs Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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12.11

5.84

4.33

8.68

6.87

SemiLEDs Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															1.97	2.21	1.63	1.96	1.08

Competitive Comparison of SemiLEDs's Receivables Turnover

For the Semiconductors subindustry, SemiLEDs'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.

SemiLEDs's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SemiLEDs's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SemiLEDs's Receivables Turnover falls into.

SemiLEDs Receivables Turnover Calculation

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

SemiLEDs's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	5.483	/ (	(0.869	+	0.727)	/	2 )
=	5.483	/	0.798
=	6.87

SemiLEDs's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	0.821	/ (	(0.829	+	0.693)	/	2 )
=	0.821	/	0.761
=	1.08

SemiLEDs (FRA:6LD1) 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.

SemiLEDs Receivables Turnover Related Terms

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SemiLEDs (FRA:6LD1) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SemiLEDs Corp (FRA:6LD1) » Definitions » Receivables Turnover

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LEDS:USA

Address

3rd Floor, No.11 Ke Jung Road, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350

Website

https://www.semileds.com

SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from the United States.

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