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Egis Technology (ROCO:6462) Receivables Turnover : 2.01 (As of Mar. 2025)


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What is Egis Technology 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. Egis Technology's Revenue for the three months ended in Mar. 2025 was NT$1,072 Mil. Egis Technology's average Accounts Receivable for the three months ended in Mar. 2025 was NT$534 Mil. Hence, Egis Technology's Receivables Turnover for the three months ended in Mar. 2025 was 2.01.


Egis Technology Receivables Turnover Historical Data

The historical data trend for Egis Technology'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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Egis Technology Receivables Turnover Chart

Egis Technology 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 19.24 7.55 5.42 6.79 9.16

Egis Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.79 1.78 2.30 2.79 2.01

Competitive Comparison of Egis Technology's Receivables Turnover

For the Software - Infrastructure subindustry, Egis Technology'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.


Egis Technology's Receivables Turnover Distribution in the Software Industry

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

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


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Egis Technology Receivables Turnover Calculation

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

Egis Technology'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 )
=4795 / ((529.317 + 517.389) / 2 )
=4795 / 523.353
=9.16

Egis Technology's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=1072.344 / ((517.389 + 551.132) / 2 )
=1072.344 / 534.2605
=2.01

* 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.


Egis Technology  (ROCO:6462) 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.


Egis Technology Receivables Turnover Related Terms

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Egis Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 118, Ciyun Road, 30th Floor-1, East District, Hsinchu, TWN, 114
Egis Technology Inc is a Taiwan-based company that is engaged in research, development, and sales of data security software, biometric identification software and hardware, wholesale of electronic material, development and design of IC, and international trading. Geographically, it derives a majority of its revenue from Asia. The company generates maximum revenue from the biometric authentication IC sensor and its application. It has two reportable operating segments Egis and its subsidiaries and Alcor and its subsidiaries.

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