Tien Li Offshore Wind Technology Co (ROCO:6793) Receivables Turnover : 3.91 (As of Dec. 2023)

Tien Li Offshore Wind Technology Co Receivables Turnover Chart

Tien Li Offshore Wind Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial							-	-	2.92	4.07	3.91

Competitive Comparison of Tien Li Offshore Wind Technology Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tien Li Offshore Wind Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tien Li Offshore Wind Technology Co's Receivables Turnover falls into.

Tien Li Offshore Wind Technology Co Receivables Turnover Calculation

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

Tien Li Offshore Wind Technology Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Tien Li Offshore Wind Technology Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Tien Li Offshore Wind Technology Co  (ROCO:6793) 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.

Tien Li Offshore Wind Technology Co Receivables Turnover Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description