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Advanced Microelectronic Products (ROCO:6287) Receivables Turnover : 0.96 (As of Mar. 2024)


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What is Advanced Microelectronic Products 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. Advanced Microelectronic Products's Revenue for the three months ended in Mar. 2024 was NT$215.3 Mil. Advanced Microelectronic Products's average Accounts Receivable for the three months ended in Mar. 2024 was NT$224.8 Mil. Hence, Advanced Microelectronic Products's Receivables Turnover for the three months ended in Mar. 2024 was 0.96.


Advanced Microelectronic Products Receivables Turnover Historical Data

The historical data trend for Advanced Microelectronic Products'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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Advanced Microelectronic Products Receivables Turnover Chart

Advanced Microelectronic Products 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 3.41 4.34 5.35 5.72 3.62

Advanced Microelectronic Products 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 1.05 1.21 0.96 1.05 0.96

Competitive Comparison of Advanced Microelectronic Products's Receivables Turnover

For the Semiconductors subindustry, Advanced Microelectronic Products'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.


Advanced Microelectronic Products's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Microelectronic Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Advanced Microelectronic Products's Receivables Turnover falls into.



Advanced Microelectronic Products Receivables Turnover Calculation

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

Advanced Microelectronic Products'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 )
=987.61 / ((313.086 + 231.951) / 2 )
=987.61 / 272.5185
=3.62

Advanced Microelectronic Products'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 )
=215.292 / ((231.951 + 217.657) / 2 )
=215.292 / 224.804
=0.96

* 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.


Advanced Microelectronic Products  (ROCO:6287) 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.


Advanced Microelectronic Products Receivables Turnover Related Terms

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Advanced Microelectronic Products (ROCO:6287) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Yanfa Road. 2, Hsinchu Science Park, Hsinchu, TWN, 300
Advanced Microelectronic Products Inc is a Taiwan-based company mainly engaged in the research and development, production, manufacturing, marketing and after-sales servicing of various discrete components, power semiconductors, integrated circuit products and their application products.

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