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Allied Industrial (ROCO:4702) Receivables Turnover : 4.28 (As of Dec. 2024)


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What is Allied Industrial 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. Allied Industrial's Revenue for the three months ended in Dec. 2024 was NT$42.7 Mil. Allied Industrial's average Accounts Receivable for the three months ended in Dec. 2024 was NT$10.0 Mil. Hence, Allied Industrial's Receivables Turnover for the three months ended in Dec. 2024 was 4.28.


Allied Industrial Receivables Turnover Historical Data

The historical data trend for Allied Industrial'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.

Allied Industrial Receivables Turnover Chart

Allied Industrial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.21 15.71 14.38 14.36 35.60

Allied Industrial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.02 5.90 4.75 2.88 4.28

Competitive Comparison of Allied Industrial's Receivables Turnover

For the Specialty Chemicals subindustry, Allied Industrial'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.


Allied Industrial's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Allied Industrial's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Allied Industrial's Receivables Turnover falls into.


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Allied Industrial Receivables Turnover Calculation

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

Allied Industrial'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 )
=179.599 / ((4.158 + 5.933) / 2 )
=179.599 / 5.0455
=35.60

Allied Industrial's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=42.721 / ((14.031 + 5.933) / 2 )
=42.721 / 9.982
=4.28

* 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.


Allied Industrial  (ROCO:4702) 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.


Allied Industrial Receivables Turnover Related Terms

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Allied Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 76, Tun-Hwa South Road, 12th Floor, Section 2, Taipei, TWN, 10683
Allied Industrial Corp Ltd is a manufacturer and distributor of dispersion dyes. It mainly offers reactive dyes, acid dyes, fine chemicals, disperse dyes, auxiliary dyes, intermediates, electronic industry-related materials, and cosmetic products. It has two reportable operating segments: Segment A and B. Segment A is engaged in trades of chemical products, such as dyes, in Taiwan. Segment B is engaged in strategic investments and trades of chemical products in Asia or other areas.

Allied Industrial Headlines

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