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Wafer Works (ROCO:6182) Receivables Turnover : 1.29 (As of Jun. 2024)


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What is Wafer Works 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. Wafer Works's Revenue for the three months ended in Jun. 2024 was NT$2,273 Mil. Wafer Works's average Accounts Receivable for the three months ended in Jun. 2024 was NT$1,766 Mil. Hence, Wafer Works's Receivables Turnover for the three months ended in Jun. 2024 was 1.29.


Wafer Works Receivables Turnover Historical Data

The historical data trend for Wafer Works'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.

Wafer Works Receivables Turnover Chart

Wafer Works 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 4.51 4.77 5.06 5.22 5.09

Wafer Works 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 1.19 1.29 1.23 1.24 1.29

Competitive Comparison of Wafer Works's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wafer Works's Receivables Turnover falls into.



Wafer Works Receivables Turnover Calculation

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

Wafer Works'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 )
=10047.814 / ((2452.105 + 1493.58) / 2 )
=10047.814 / 1972.8425
=5.09

Wafer Works'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 )
=2272.981 / ((1678.619 + 1853.278) / 2 )
=2272.981 / 1765.9485
=1.29

* 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.


Wafer Works  (ROCO:6182) 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.


Wafer Works Receivables Turnover Related Terms

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Wafer Works Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp provides wafer solutions for customers in single crystal ingot, polished and epitaxial wafers. The company is an electronic materials supplier and manufactures doped silicon wafers used in power semiconductor devices. It manufactures 4 to 8 inches silicon wafers for power semiconductor devices such as high-/low-voltage power MOSFETs, power IC, and other power management devices. Its products consist of polished silicon wafers and epitaxial wafers.

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