Rossmax International (ROCO:4121) Receivables Turnover : 4.10 (As of Mar. 2025)

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What is Rossmax International 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. Rossmax International's Revenue for the three months ended in Mar. 2025 was NT$926 Mil. Rossmax International's average Accounts Receivable for the three months ended in Mar. 2025 was NT$226 Mil. Hence, Rossmax International's Receivables Turnover for the three months ended in Mar. 2025 was 4.10.

Rossmax International Receivables Turnover Historical Data

The historical data trend for Rossmax International'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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Rossmax International Receivables Turnover Chart

Rossmax International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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26.72

20.07

17.66

14.11

15.07

Rossmax International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															3.35	3.23	3.26	3.62	4.10

Competitive Comparison of Rossmax International's Receivables Turnover

For the Medical Devices subindustry, Rossmax International'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.

Rossmax International's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Rossmax International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rossmax International's Receivables Turnover falls into.

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Rossmax International Receivables Turnover Calculation

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

Rossmax International's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	3851.358	/ (	(274.252	+	236.822)	/	2 )
=	3851.358	/	255.537
=	15.07

Rossmax International's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	925.768	/ (	(236.822	+	214.268)	/	2 )
=	925.768	/	225.545
=	4.10

Rossmax International (ROCO:4121) 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.

Rossmax International Receivables Turnover Related Terms

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Rossmax International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Rossmax International Ltd (ROCO:4121) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

12F, No. 189, Kangchien Road, Neihu District, Taipei, TWN, 114

Website

https://www.rossmax.com

Rossmax International Ltd is mainly engaged in medical equipment manufacturing, wholesale or retail, and medical and cosmetic channels. The operating departments of the company are; medical device, retail channel, and investment department. The majority of the company's revenue is generated from the medical device department which offers products like blood pressure monitors, pulse oximeters, thermometers, heating pads, blood glucose meters, and body fat monitors among others. Geographically, it derives key revenue from Taiwan and the rest from the Middle East and Africa, Europe, America, and other regions.

Rossmax International Headlines

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