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JMicron Technology (ROCO:4925) Receivables Turnover : 4.77 (As of Dec. 2023)


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What is JMicron Technology 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. JMicron Technology's Revenue for the six months ended in Dec. 2023 was NT$440.7 Mil. JMicron Technology's average Accounts Receivable for the six months ended in Dec. 2023 was NT$92.3 Mil. Hence, JMicron Technology's Receivables Turnover for the six months ended in Dec. 2023 was 4.77.


JMicron Technology Receivables Turnover Historical Data

The historical data trend for JMicron Technology'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.

JMicron Technology Receivables Turnover Chart

JMicron Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.18 5.78 6.98 7.14 9.14

JMicron Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.49 3.42 2.78 4.63 4.77

Competitive Comparison of JMicron Technology's Receivables Turnover

For the Semiconductors subindustry, JMicron Technology'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.


JMicron Technology's Receivables Turnover Distribution in the Semiconductors Industry

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

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



JMicron Technology Receivables Turnover Calculation

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

JMicron Technology'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 )
=760.708 / ((60.046 + 106.417) / 2 )
=760.708 / 83.2315
=9.14

JMicron Technology's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=440.672 / ((78.204 + 106.417) / 2 )
=440.672 / 92.3105
=4.77

* 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.


JMicron Technology  (ROCO:4925) 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.


JMicron Technology Receivables Turnover Related Terms

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JMicron Technology (ROCO:4925) Business Description

Traded in Other Exchanges
N/A
Address
1F, No.13, Innovation Road 1, Hsinchu Science Park, Hsinchu, TWN
JMicron Technology Corp operates as a fabless IC company that specializes in designing high-speed data and signal interfaces. It offers bridge controller series that offers a range of high-speed and super-speed FireWire and SATAII/III interfaces for data storage applications.

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