GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yungshin Construction & Development Co Ltd (ROCO:5508) » Definitions » Receivables Turnover

Yungshin Construction & Development Co (ROCO:5508) Receivables Turnover : 32.55 (As of Jun. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Yungshin Construction & Development 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. Yungshin Construction & Development Co's Revenue for the three months ended in Jun. 2024 was NT$2,934 Mil. Yungshin Construction & Development Co's average Accounts Receivable for the three months ended in Jun. 2024 was NT$90 Mil. Hence, Yungshin Construction & Development Co's Receivables Turnover for the three months ended in Jun. 2024 was 32.55.


Yungshin Construction & Development Co Receivables Turnover Historical Data

The historical data trend for Yungshin Construction & Development 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.

Yungshin Construction & Development Co Receivables Turnover Chart

Yungshin Construction & Development 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 55.18 65.14 100.40 104.41 660.38

Yungshin Construction & Development Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 100.26 117.10 276.65 61.44 32.55

Competitive Comparison of Yungshin Construction & Development Co's Receivables Turnover

For the Real Estate - Development subindustry, Yungshin Construction & Development 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.


Yungshin Construction & Development Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yungshin Construction & Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yungshin Construction & Development Co's Receivables Turnover falls into.



Yungshin Construction & Development Co Receivables Turnover Calculation

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

Yungshin Construction & Development 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 )
=8227.076 / ((0.116 + 24.8) / 2 )
=8227.076 / 12.458
=660.38

Yungshin Construction & Development Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=2933.612 / ((75.315 + 104.91) / 2 )
=2933.612 / 90.1125
=32.55

* 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.


Yungshin Construction & Development Co  (ROCO:5508) 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.


Yungshin Construction & Development Co Receivables Turnover Related Terms

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


Yungshin Construction & Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 193, Liuhe Road, 12th Floor, Xinxing District, Kaohsiung, TWN
Yungshin Construction & Development Co Ltd engages in entrusting manufacturer to build residential and commercial buildings for leasing and selling, interior designing, material trading, and other related businesses.

Yungshin Construction & Development Co Headlines

No Headlines