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Jorjin Technologies (ROCO:4980) Receivables Turnover : 2.49 (As of Dec. 2024)


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What is Jorjin Technologies 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. Jorjin Technologies's Revenue for the six months ended in Dec. 2024 was NT$70.3 Mil. Jorjin Technologies's average Accounts Receivable for the six months ended in Dec. 2024 was NT$28.2 Mil. Hence, Jorjin Technologies's Receivables Turnover for the six months ended in Dec. 2024 was 2.49.


Jorjin Technologies Receivables Turnover Historical Data

The historical data trend for Jorjin Technologies'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.

Jorjin Technologies Receivables Turnover Chart

Jorjin Technologies 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 4.25 7.08 5.13 7.55 4.88

Jorjin Technologies Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 3.33 2.63 2.37 2.17 2.49

Competitive Comparison of Jorjin Technologies's Receivables Turnover

For the Communication Equipment subindustry, Jorjin Technologies'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.


Jorjin Technologies's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Jorjin Technologies's Receivables Turnover falls into.


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Jorjin Technologies Receivables Turnover Calculation

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

Jorjin Technologies'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 )
=130.16 / ((25.992 + 27.301) / 2 )
=130.16 / 26.6465
=4.88

Jorjin Technologies'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: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=70.342 / ((29.192 + 27.301) / 2 )
=70.342 / 28.2465
=2.49

* 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.


Jorjin Technologies  (ROCO:4980) 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.


Jorjin Technologies Receivables Turnover Related Terms

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Jorjin Technologies Business Description

Traded in Other Exchanges
N/A
Address
No.239, Section 1 Datong Road, 17th Floor, Xizhi District, Taipei, TWN, 22161
Jorjin Technologies Inc designs and develops wireless SiP modules and application processor modules and other electronic components in Taiwan. It offers WiFi modules, FM modules, WLAN, WLAN/Bluetooth combo solutions, and GPS modules for portable devices and others. In addition, Jorjin offers driver porting services onto a wide range of application processors.

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