Tronics Microsystems (XPAR:ALTRO) Receivables Turnover : 2.46 (As of Sep. 2023)

Tronics Microsystems Receivables Turnover Chart

Tronics Microsystems Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover		Get a 7-Day Free Trial					3.14	3.79	5.40	5.16	4.74

Tronics Microsystems Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															3.09	1.83	2.22	2.19	2.46

Competitive Comparison of Tronics Microsystems's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Tronics Microsystems'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.

Tronics Microsystems's Receivables Turnover Distribution in the Semiconductors Industry

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

* The bar in red indicates where Tronics Microsystems's Receivables Turnover falls into.

Tronics Microsystems Receivables Turnover Calculation

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

Tronics Microsystems's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Tronics Microsystems's Receivables Turnover for the quarter that ended in Sep. 2023 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.

Tronics Microsystems  (XPAR:ALTRO) 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.

Tronics Microsystems Receivables Turnover Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description