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Auden Techno (TPE:3138) Receivables Turnover : 0.87 (As of Mar. 2024)


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What is Auden Techno 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. Auden Techno's Revenue for the three months ended in Mar. 2024 was NT$367 Mil. Auden Techno's average Accounts Receivable for the three months ended in Mar. 2024 was NT$424 Mil. Hence, Auden Techno's Receivables Turnover for the three months ended in Mar. 2024 was 0.87.


Auden Techno Receivables Turnover Historical Data

The historical data trend for Auden Techno'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.

Auden Techno Receivables Turnover Chart

Auden Techno 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 4.28 4.60 5.11 5.51 4.50

Auden Techno 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 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 1.31 1.22 1.20 1.10 0.87

Competitive Comparison of Auden Techno's Receivables Turnover

For the Communication Equipment subindustry, Auden Techno'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.


Auden Techno's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Auden Techno's Receivables Turnover distribution charts can be found below:

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



Auden Techno Receivables Turnover Calculation

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

Auden Techno'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 )
=1779.638 / ((326.811 + 463.983) / 2 )
=1779.638 / 395.397
=4.50

Auden Techno'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 )
=367.329 / ((463.983 + 384.456) / 2 )
=367.329 / 424.2195
=0.87

* 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.


Auden Techno  (TPE:3138) 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.


Auden Techno Receivables Turnover Related Terms

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Auden Techno (TPE:3138) Business Description

Traded in Other Exchanges
N/A
Address
No 19, Lane 772, Heping Road, Bade District, Taoyuan, TWN
Auden Techno Corp is a Taiwan based company engaged in the design and manufacture of wired and wireless antennas, the performance verification and testing of communications products and the trading agent of precision instrument. Its products include CB electronic antenna to mobile phone GSM antenna to wireless local-area network antenna, from Ultra-Wideband antenna to RFID application antenna and from miniature multi-frequency antenna module to 4G LTE/MIMO technology and to biological electromagnetic wave. Its products application covers: mobile communications, automotive electronics, Internet communications, the digital family and industrial applications.

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