Jioushun Construction Co (ROCO:5547) Receivables Turnover : 4.39 (As of Jun. 2024)

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What is Jioushun Construction 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. Jioushun Construction Co's Revenue for the six months ended in Jun. 2024 was NT$1,098 Mil. Jioushun Construction Co's average Accounts Receivable for the six months ended in Jun. 2024 was NT$250 Mil. Hence, Jioushun Construction Co's Receivables Turnover for the six months ended in Jun. 2024 was 4.39.

Jioushun Construction Co Receivables Turnover Historical Data

The historical data trend for Jioushun Construction 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.

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Jioushun Construction Co Receivables Turnover Chart

Jioushun Construction Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.87

10.34

8.74

7.92

8.71

Jioushun Construction Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial										3.55	4.90	3.54	4.45	4.39

Competitive Comparison of Jioushun Construction Co's Receivables Turnover

For the Engineering & Construction subindustry, Jioushun Construction 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.

Jioushun Construction Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jioushun Construction Co's Receivables Turnover distribution charts can be found below:

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

Jioushun Construction Co Receivables Turnover Calculation

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

Jioushun Construction 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 )
=	2158.91	/ (	(227.235	+	268.771)	/	2 )
=	2158.91	/	248.003
=	8.71

Jioushun Construction 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: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	1097.786	/ (	(268.771	+	231.165)	/	2 )
=	1097.786	/	249.968
=	4.39

Jioushun Construction Co (ROCO:5547) 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.

Jioushun Construction Co Receivables Turnover Related Terms

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Jioushun Construction Co Business Description

Industry

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Address

No. 257, Xinhu 2nd Road, 2nd floor, Neihu District, Taipei, TWN, 11494

Website

http://www.jioushun.com.tw

Jioushun Construction Co Ltd is engaged in construction of luxury homes. It provides project bidding, repair services after construction, and free evaluation services for urban renewal.

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