GURUFOCUS.COM » STOCK LIST » Technology » Software » Hyweb Technology Co Ltd (ROCO:5212) » Definitions » Receivables Turnover

Hyweb Technology Co (ROCO:5212) Receivables Turnover : 2.69 (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Hyweb Technology 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. Hyweb Technology Co's Revenue for the three months ended in Sep. 2024 was NT$241 Mil. Hyweb Technology Co's average Accounts Receivable for the three months ended in Sep. 2024 was NT$90 Mil. Hence, Hyweb Technology Co's Receivables Turnover for the three months ended in Sep. 2024 was 2.69.


Hyweb Technology Co Receivables Turnover Historical Data

The historical data trend for Hyweb Technology 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.

Hyweb Technology Co Receivables Turnover Chart

Hyweb Technology 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 5.39 6.52 6.87 6.12 7.05

Hyweb Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.20 3.80 2.26 3.34 2.69

Competitive Comparison of Hyweb Technology Co's Receivables Turnover

For the Software - Infrastructure subindustry, Hyweb Technology 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.


Hyweb Technology Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Hyweb Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hyweb Technology Co's Receivables Turnover falls into.



Hyweb Technology Co Receivables Turnover Calculation

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

Hyweb Technology 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 )
=1003.686 / ((161.452 + 123.228) / 2 )
=1003.686 / 142.34
=7.05

Hyweb Technology Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=241.192 / ((97.111 + 82.257) / 2 )
=241.192 / 89.684
=2.69

* 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.


Hyweb Technology Co  (ROCO:5212) 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.


Hyweb Technology Co Receivables Turnover Related Terms

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


Hyweb Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Taiyuan 1st Street, 5th Floor, Room No. 6, Zhubei City, Hsinchu, TWN
Hyweb Technology Co Ltd provides content and knowledge management systems, e-commerce and consumer finance software technology. The Company specializes in wholesale, retail, and service of information software and manufacturing of information storage and processing equipment. It offers search engine systems, electronic payment systems, prepaid card, and credit card payment systems and others.

Hyweb Technology Co Headlines

No Headlines