GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunfar Computer Co Ltd (ROCO:6154) » Definitions » Receivables Turnover

Sunfar Computer Co (ROCO:6154) Receivables Turnover : 11.54 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Sunfar Computer 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. Sunfar Computer Co's Revenue for the three months ended in Mar. 2024 was NT$929 Mil. Sunfar Computer Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$81 Mil. Hence, Sunfar Computer Co's Receivables Turnover for the three months ended in Mar. 2024 was 11.54.


Sunfar Computer Co Receivables Turnover Historical Data

The historical data trend for Sunfar Computer 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.

Sunfar Computer Co Receivables Turnover Chart

Sunfar Computer 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 68.05 79.23 93.98 79.20 55.76

Sunfar Computer Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.10 18.58 13.04 9.71 11.54

Competitive Comparison of Sunfar Computer Co's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Sunfar Computer 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.


Sunfar Computer Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunfar Computer Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sunfar Computer Co's Receivables Turnover falls into.



Sunfar Computer Co Receivables Turnover Calculation

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

Sunfar Computer 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 )
=3726.861 / ((45.475 + 88.195) / 2 )
=3726.861 / 66.835
=55.76

Sunfar Computer Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=928.995 / ((88.195 + 72.874) / 2 )
=928.995 / 80.5345
=11.54

* 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.


Sunfar Computer Co  (ROCO:6154) 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.


Sunfar Computer Co Receivables Turnover Related Terms

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


Sunfar Computer Co (ROCO:6154) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jianguo 2nd Road, Sanmin District, Kaohsiung, TWN, 807
Sunfar Computer Co Ltd is engaged mainly in selling and maintaining computer hardware, software, computer peripherals, electronic components, printers, communication products, and home appliances, renting real estate, advertising, and consulting in business operations.

Sunfar Computer Co (ROCO:6154) Headlines

No Headlines