AData Technology Co (ROCO:3260) Receivables Turnover : 2.40 (As of Mar. 2024)

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What is AData Technology 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. AData Technology Co's Revenue for the three months ended in Mar. 2024 was NT$10,881 Mil. AData Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$4,535 Mil. Hence, AData Technology Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.40.

AData Technology Co Receivables Turnover Historical Data

The historical data trend for AData Technology 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.

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AData Technology Co Receivables Turnover Chart

AData Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.91

9.66

8.88

7.36

7.75

AData Technology 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															1.78	1.78	1.91	2.33	2.40

Competitive Comparison of AData Technology Co's Receivables Turnover

For the Semiconductors subindustry, AData Technology 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.

AData Technology Co's Receivables Turnover Distribution in the Semiconductors Industry

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

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

AData Technology Co Receivables Turnover Calculation

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

AData Technology 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 )
=	33684.782	/ (	(4323.429	+	4365.422)	/	2 )
=	33684.782	/	4344.4255
=	7.75

AData Technology 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 )
=	10880.693	/ (	(4365.422	+	4705.063)	/	2 )
=	10880.693	/	4535.2425
=	2.40

AData Technology Co (ROCO:3260) 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.

AData Technology Co Receivables Turnover Related Terms

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AData Technology Co (ROCO:3260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AData Technology Co Ltd (ROCO:3260) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 258 Liancheng Road, 18th Floor, Chung Ho District, New Taipei, TWN, 235

Website

https://www.adata.com

AData Technology Co Ltd is a Taiwan-based company involved in the electronic components business. It operates in two segments: Electronics, which is engaged in R&D, manufacturing, and selling of memory modules, flash memory, and computer peripherals; and Biotech segment is selling of biotechnological products. The most of its revenue comes from the Electronics segment. Its products are applied in computers, digital cameras, set-top boxes, liquid crystal display monitors, mainboards, servers, printers, medial players, televisions, and game consoles, and among others.

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