Optoelectronics Co (TSE:6664) Receivables Turnover : 1.07 (As of Feb. 2024)

Optoelectronics Co Receivables Turnover Chart

Optoelectronics Co Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Receivables Turnover		Get a 7-Day Free Trial					4.31	4.15	5.48	4.50	4.20

Optoelectronics Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															1.04	1.10	1.15	1.09	1.07

Competitive Comparison of Optoelectronics Co's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Optoelectronics 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.

Optoelectronics Co's Receivables Turnover Distribution in the Hardware Industry

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

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

Optoelectronics Co Receivables Turnover Calculation

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

Optoelectronics Co's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Optoelectronics Co's Receivables Turnover for the quarter that ended in Feb. 2024 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.

Optoelectronics Co  (TSE:6664) 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.

Optoelectronics Co Receivables Turnover Related Terms

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

Optoelectronics Co (TSE:6664) Business Description