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T-win Systems (ROCO:3693) Receivables Turnover : 1.12 (As of Mar. 2024)


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What is T-win Systems 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. T-win Systems's Revenue for the three months ended in Mar. 2024 was NT$1,486 Mil. T-win Systems's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,328 Mil. Hence, T-win Systems's Receivables Turnover for the three months ended in Mar. 2024 was 1.12.


T-win Systems Receivables Turnover Historical Data

The historical data trend for T-win Systems'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.

* Premium members only.

T-win Systems Receivables Turnover Chart

T-win Systems 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 9.02 7.31 6.56 6.01 6.67

T-win Systems 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 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 1.39 1.65 1.75 1.49 1.12

Competitive Comparison of T-win Systems's Receivables Turnover

For the Computer Hardware subindustry, T-win Systems'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.


T-win Systems's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, T-win Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where T-win Systems's Receivables Turnover falls into.



T-win Systems Receivables Turnover Calculation

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

T-win Systems'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 )
=8791.951 / ((1184.823 + 1451.979) / 2 )
=8791.951 / 1318.401
=6.67

T-win Systems'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 )
=1486.247 / ((1451.979 + 1204.907) / 2 )
=1486.247 / 1328.443
=1.12

* 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.


T-win Systems  (ROCO:3693) 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.


T-win Systems Receivables Turnover Related Terms

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T-win Systems (ROCO:3693) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Alley 19, Lane 20, Ta Hsing Road, Luchu Shiang, Taoyuan Hsien, TWN
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.

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