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Paragon Technologies Co (TPE:3518) Receivables Turnover : 0.28 (As of Mar. 2024)


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What is Paragon Technologies Co 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. Paragon Technologies Co's Revenue for the three months ended in Mar. 2024 was NT$81.5 Mil. Paragon Technologies Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$287.1 Mil. Hence, Paragon Technologies Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.28.


Paragon Technologies Co Receivables Turnover Historical Data

The historical data trend for Paragon Technologies Co'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.

Paragon Technologies Co Receivables Turnover Chart

Paragon Technologies Co 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 1.84 1.83 1.79 1.26 1.40

Paragon Technologies Co 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 0.35 0.38 0.36 0.30 0.28

Competitive Comparison of Paragon Technologies Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Paragon Technologies 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.


Paragon Technologies Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paragon Technologies Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Paragon Technologies Co's Receivables Turnover falls into.



Paragon Technologies Co Receivables Turnover Calculation

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

Paragon Technologies Co'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 )
=382.573 / ((268.22 + 279.231) / 2 )
=382.573 / 273.7255
=1.40

Paragon Technologies Co'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 )
=81.459 / ((279.231 + 294.906) / 2 )
=81.459 / 287.0685
=0.28

* 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.


Paragon Technologies Co  (TPE:3518) 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.


Paragon Technologies Co Receivables Turnover Related Terms

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Paragon Technologies Co (TPE:3518) Business Description

Traded in Other Exchanges
N/A
Address
No. 86-52, Wenhua 1st Rd, Gueishan, Taoyuan, TWN, 333
Paragon Technologies Co Ltd is engaged in manufacturing EMI, Optoelectronic, and optical film, and research, development, manufacturing, processing, and trading of machinery and equipment, and components. The main business The project is vacuum coating surface treatment, vacuum equipment research and development, manufacturing, and trading, etc.

Paragon Technologies Co (TPE:3518) Headlines

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