VIA Labs (TPE:6756) Receivables Turnover : 2.08 (As of Mar. 2024)

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What is VIA Labs 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. VIA Labs's Revenue for the three months ended in Mar. 2024 was NT$392 Mil. VIA Labs's average Accounts Receivable for the three months ended in Mar. 2024 was NT$189 Mil. Hence, VIA Labs's Receivables Turnover for the three months ended in Mar. 2024 was 2.08.

VIA Labs Receivables Turnover Historical Data

The historical data trend for VIA Labs'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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VIA Labs Receivables Turnover Chart

VIA Labs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.38

8.77

10.97

9.20

8.82

VIA Labs 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															1.91	3.16	2.36	2.35	2.08

Competitive Comparison of VIA Labs's Receivables Turnover

For the Computer Hardware subindustry, VIA Labs'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.

VIA Labs's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where VIA Labs's Receivables Turnover falls into.

VIA Labs Receivables Turnover Calculation

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

VIA Labs'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 )
=	2035.103	/ (	(259.067	+	202.64)	/	2 )
=	2035.103	/	230.8535
=	8.82

VIA Labs'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 )
=	391.661	/ (	(202.64	+	174.728)	/	2 )
=	391.661	/	188.684
=	2.08

VIA Labs (TPE:6756) 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.

VIA Labs Receivables Turnover Related Terms

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VIA Labs (TPE:6756) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VIA Labs Inc (TPE:6756) » Definitions » Receivables Turnover

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Address

No. 529-1, Zhongzhung Road, 7th Floor, Xindian District, New Taipei, TWN, 231

Website

https://www.via-labs.com

VIA Labs Inc is a Taiwan based company engaged in the programming, designing, manufacturing, and selling of USB and USB power delivery controllers for multi-functional devices and platforms. Its product portfolio includes USB Host, Hub, Device Controllers, USB Type-C, Power Delivery, Charging, and Battery Management IC's among others.

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