GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Unicon Optical Co Ltd (ROCO:4150) » Definitions » Receivables Turnover

Unicon Optical Co (ROCO:4150) Receivables Turnover : 4.05 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Unicon Optical 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. Unicon Optical Co's Revenue for the six months ended in Dec. 2023 was NT$474.2 Mil. Unicon Optical Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$117.0 Mil. Hence, Unicon Optical Co's Receivables Turnover for the six months ended in Dec. 2023 was 4.05.


Unicon Optical Co Receivables Turnover Historical Data

The historical data trend for Unicon Optical 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.

* Premium members only.

Unicon Optical Co Receivables Turnover Chart

Unicon Optical Co 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 4.38 4.20 4.32 5.06 6.04

Unicon Optical Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.14 2.69 3.26 3.37 4.05

Competitive Comparison of Unicon Optical Co's Receivables Turnover

For the Medical Instruments & Supplies subindustry, Unicon Optical 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.


Unicon Optical Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Unicon Optical Co's Receivables Turnover falls into.



Unicon Optical Co Receivables Turnover Calculation

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

Unicon Optical 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 )
=845.673 / ((133.253 + 146.591) / 2 )
=845.673 / 139.922
=6.04

Unicon Optical Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=474.228 / ((87.447 + 146.591) / 2 )
=474.228 / 117.019
=4.05

* 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.


Unicon Optical Co  (ROCO:4150) 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.


Unicon Optical Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Unicon Optical Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Unicon Optical Co (ROCO:4150) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Dongjiu Road, Science-Based Industrial Park, Hsinchu Hsien, TWN, 30075
Unicon Optical Co Ltd is engaged in the manufacture and sale of a contact lens in Taiwan and internationally. It offers disposable contact lens, spherical contact lens, color, and dual color lenses.

Unicon Optical Co (ROCO:4150) Headlines

No Headlines