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Senao Networks (ROCO:3558) Receivables Turnover : 1.74 (As of Sep. 2024)


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What is Senao Networks 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. Senao Networks's Revenue for the three months ended in Sep. 2024 was NT$2,952 Mil. Senao Networks's average Accounts Receivable for the three months ended in Sep. 2024 was NT$1,692 Mil. Hence, Senao Networks's Receivables Turnover for the three months ended in Sep. 2024 was 1.74.


Senao Networks Receivables Turnover Historical Data

The historical data trend for Senao Networks'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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Senao Networks Receivables Turnover Chart

Senao Networks 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 10.00 8.46 7.27 7.45 6.96

Senao Networks Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.82 1.71 1.75 1.70 1.74

Competitive Comparison of Senao Networks's Receivables Turnover

For the Communication Equipment subindustry, Senao Networks'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.


Senao Networks's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Senao Networks's Receivables Turnover falls into.



Senao Networks Receivables Turnover Calculation

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

Senao Networks'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 )
=16609.171 / ((2959.961 + 1812.098) / 2 )
=16609.171 / 2386.0295
=6.96

Senao Networks's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=2951.763 / ((1509.874 + 1873.882) / 2 )
=2951.763 / 1691.878
=1.74

* 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.


Senao Networks  (ROCO:3558) 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.


Senao Networks Receivables Turnover Related Terms

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Senao Networks Business Description

Traded in Other Exchanges
N/A
Address
No. 500, Fusing 3rd Road, Hwa Ya Technology Park, Kuei-shan Hsiang, Taoyuan, TWN, 333001
Senao Networks Inc is engaged in the manufacture and sales of wireless communication products. The company produces integrated wireless and wireline connectivity products, data networking, and wireless voice communications products.

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