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Motech Industries Co (ROCO:6244) Receivables Turnover : 3.37 (As of Dec. 2024)


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What is Motech Industries 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. Motech Industries Co's Revenue for the three months ended in Dec. 2024 was NT$830 Mil. Motech Industries Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$246 Mil. Hence, Motech Industries Co's Receivables Turnover for the three months ended in Dec. 2024 was 3.37.


Motech Industries Co Receivables Turnover Historical Data

The historical data trend for Motech Industries 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.

Motech Industries Co Receivables Turnover Chart

Motech Industries Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.63 11.33 8.56 7.17 9.56

Motech Industries Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.19 2.61 2.89 2.83 3.37

Competitive Comparison of Motech Industries Co's Receivables Turnover

For the Solar subindustry, Motech Industries 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.


Motech Industries Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Motech Industries Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Motech Industries Co's Receivables Turnover falls into.


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Motech Industries Co Receivables Turnover Calculation

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

Motech Industries Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=3225.501 / ((408.955 + 265.982) / 2 )
=3225.501 / 337.4685
=9.56

Motech Industries Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=830.215 / ((226.801 + 265.982) / 2 )
=830.215 / 246.3915
=3.37

* 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.


Motech Industries Co  (ROCO:6244) 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.


Motech Industries Co Receivables Turnover Related Terms

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Motech Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Pei-Shen Road, 6th Floor, No. 248, Section 3, Shen-Keng District, New Taipei City, TWN, 222
Motech Industries Co Ltd is a company whose activities are the manufacturing, marketing, and sale of solar cells, solar modules, photovoltaic inverters, the marketing, design, and engineering of photovoltaic (PV) power systems, and solar power generation.

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