GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » RichWave Technology Corp (TPE:4968) » Definitions » Receivables Turnover

RichWave Technology (TPE:4968) Receivables Turnover : 0.77 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is RichWave 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. RichWave Technology's Revenue for the three months ended in Mar. 2024 was NT$861 Mil. RichWave Technology's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,124 Mil. Hence, RichWave Technology's Receivables Turnover for the three months ended in Mar. 2024 was 0.77.


RichWave Technology Receivables Turnover Historical Data

The historical data trend for RichWave 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.

RichWave Technology Receivables Turnover Chart

RichWave 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 4.13 5.31 5.30 3.81 2.76

RichWave Technology 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 0.59 0.64 0.65 0.79 0.77

Competitive Comparison of RichWave Technology's Receivables Turnover

For the Semiconductors subindustry, RichWave 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.


RichWave Technology's Receivables Turnover Distribution in the Semiconductors Industry

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

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



RichWave Technology Receivables Turnover Calculation

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

RichWave 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 )
=2984.581 / ((1046.374 + 1114.69) / 2 )
=2984.581 / 1080.532
=2.76

RichWave Technology'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 )
=860.735 / ((1114.69 + 1132.497) / 2 )
=860.735 / 1123.5935
=0.77

* 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.


RichWave Technology  (TPE:4968) 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.


RichWave Technology Receivables Turnover Related Terms

Thank you for viewing the detailed overview of RichWave Technology's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


RichWave Technology (TPE:4968) Business Description

Traded in Other Exchanges
N/A
Address
Tiding Boulevard, 3rd Floor, No. 1, Alley 20, Lane 407, Section 2, Taipei, TWN, 114
RichWave Technology Corp is a fabless IC design company. The company is engaged in the design, integration, and manufacturing of RF ICs for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications.

RichWave Technology (TPE:4968) Headlines

No Headlines