Amiccom Electronics (ROCO:5272) Receivables Turnover : 1.88 (As of Mar. 2024)

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What is Amiccom Electronics 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. Amiccom Electronics's Revenue for the three months ended in Mar. 2024 was NT$81.7 Mil. Amiccom Electronics's average Accounts Receivable for the three months ended in Mar. 2024 was NT$43.4 Mil. Hence, Amiccom Electronics's Receivables Turnover for the three months ended in Mar. 2024 was 1.88.

Amiccom Electronics Receivables Turnover Historical Data

The historical data trend for Amiccom Electronics'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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Amiccom Electronics Receivables Turnover Chart

Amiccom Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.90

8.06

9.49

9.64

8.37

Amiccom Electronics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.87	1.94	2.19	1.97	1.88

Competitive Comparison of Amiccom Electronics's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Amiccom Electronics'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.

Amiccom Electronics's Receivables Turnover Distribution in the Semiconductors Industry

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

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

Amiccom Electronics Receivables Turnover Calculation

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

Amiccom Electronics'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 )
=	333.525	/ (	(38.503	+	41.183)	/	2 )
=	333.525	/	39.843
=	8.37

Amiccom Electronics'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 )
=	81.723	/ (	(41.183	+	45.581)	/	2 )
=	81.723	/	43.382
=	1.88

Amiccom Electronics (ROCO:5272) 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.

Amiccom Electronics Receivables Turnover Related Terms

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Amiccom Electronics (ROCO:5272) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Amiccom Electronics Corp (ROCO:5272) » Definitions » Receivables Turnover

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Address

No.18, Taiyuan Street, 10th Floor, Hsinchu County, Zhubei City, Hsinchu, TWN, 30265

Website

http://www.amiccom.com.tw

Amiccom Electronics Corp is a Taiwan-based RF integrated circuits (ICs) vendor. The company focuses on chip design and marketing that is extended by six product lines of 2.4GHz RF data communication, Sub1GHz RF data communication, 5.8GHz RF data communication, Wireless audio system, Standard communication (Zigbee/RF4CE and BLE), and Satellite communication. Its core businesses are 2.4GHz TRx, sub-GHz TRx, PHS TRx, GPS Receiver IC, and Switch Matrix IC for LNB.

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