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Antec (ROCO:6276) Receivables Turnover : 1.61 (As of Sep. 2024)


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What is Antec 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. Antec's Revenue for the three months ended in Sep. 2024 was NT$308 Mil. Antec's average Accounts Receivable for the three months ended in Sep. 2024 was NT$191 Mil. Hence, Antec's Receivables Turnover for the three months ended in Sep. 2024 was 1.61.


Antec Receivables Turnover Historical Data

The historical data trend for Antec'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.

Antec Receivables Turnover Chart

Antec 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 7.33 7.48 6.17 5.73 6.02

Antec Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.42 1.27 1.46 1.73 1.61

Competitive Comparison of Antec's Receivables Turnover

For the Electronic Components subindustry, Antec'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.


Antec's Receivables Turnover Distribution in the Hardware Industry

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

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



Antec Receivables Turnover Calculation

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

Antec'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 )
=1120.973 / ((202.123 + 170.035) / 2 )
=1120.973 / 186.079
=6.02

Antec's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=308.011 / ((200.179 + 181.427) / 2 )
=308.011 / 190.803
=1.61

* 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.


Antec  (ROCO:6276) 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.


Antec Receivables Turnover Related Terms

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Antec Business Description

Traded in Other Exchanges
N/A
Address
No. 107 Zhouzi Street, 8th Floor, Neihu District, Taipei, TWN, 114
Antec Inc. is engaged in designing and manufacturing of various electronic products and components worldwide. It offers power supplies, computer cases, radiator modules, cooling fans, and other products.

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