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Epoch Chemtronics (ROCO:3633) Receivables Turnover : 1.48 (As of Jun. 2024)


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What is Epoch Chemtronics 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. Epoch Chemtronics's Revenue for the six months ended in Jun. 2024 was NT$2,970 Mil. Epoch Chemtronics's average Accounts Receivable for the six months ended in Jun. 2024 was NT$2,002 Mil. Hence, Epoch Chemtronics's Receivables Turnover for the six months ended in Jun. 2024 was 1.48.


Epoch Chemtronics Receivables Turnover Historical Data

The historical data trend for Epoch Chemtronics'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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Epoch Chemtronics Receivables Turnover Chart

Epoch Chemtronics 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 2.61 2.16 2.82 2.55 3.11

Epoch Chemtronics Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.34 1.49 1.45 1.61 1.48

Competitive Comparison of Epoch Chemtronics's Receivables Turnover

For the Electronic Components subindustry, Epoch Chemtronics'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.


Epoch Chemtronics's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Epoch Chemtronics's Receivables Turnover falls into.



Epoch Chemtronics Receivables Turnover Calculation

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

Epoch Chemtronics'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 )
=6058.997 / ((1854.568 + 2044.315) / 2 )
=6058.997 / 1949.4415
=3.11

Epoch Chemtronics's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=2970.344 / ((2044.315 + 1960.155) / 2 )
=2970.344 / 2002.235
=1.48

* 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.


Epoch Chemtronics  (ROCO:3633) 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.


Epoch Chemtronics Receivables Turnover Related Terms

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Epoch Chemtronics Business Description

Traded in Other Exchanges
N/A
Address
Xintai Road, 5th Floor-1, No.35, Hsinchu County, Zhubei, TWN, 302
Epoch Chemtronics Corp is a Taiwan-based company. It designs and manufactures backlight modules, and LED lighting products. The company's products are widely used in mobile phones, digital cameras, car navigation systems, and other high-tech products.

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