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Appro Photoelectron (ROCO:6560) Receivables Turnover : 1.67 (As of Dec. 2024)


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What is Appro Photoelectron 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. Appro Photoelectron's Revenue for the three months ended in Dec. 2024 was NT$30.76 Mil. Appro Photoelectron's average Accounts Receivable for the three months ended in Dec. 2024 was NT$18.39 Mil. Hence, Appro Photoelectron's Receivables Turnover for the three months ended in Dec. 2024 was 1.67.


Appro Photoelectron Receivables Turnover Historical Data

The historical data trend for Appro Photoelectron'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.

Appro Photoelectron Receivables Turnover Chart

Appro Photoelectron 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 5.04 5.92 2.98 3.15 4.27

Appro Photoelectron 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 0.75 1.77 2.03 3.88 1.67

Competitive Comparison of Appro Photoelectron's Receivables Turnover

For the Electronic Components subindustry, Appro Photoelectron'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.


Appro Photoelectron's Receivables Turnover Distribution in the Hardware Industry

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

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


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Appro Photoelectron Receivables Turnover Calculation

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

Appro Photoelectron'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 )
=77.148 / ((7.808 + 28.357) / 2 )
=77.148 / 18.0825
=4.27

Appro Photoelectron'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 )
=30.756 / ((8.43 + 28.357) / 2 )
=30.756 / 18.3935
=1.67

* 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.


Appro Photoelectron  (ROCO:6560) 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.


Appro Photoelectron Receivables Turnover Related Terms

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Appro Photoelectron Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, Number 23, Siyuan Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242
Appro Photoelectron Inc operates as a design house for image products. The company helps its customers to develop products using TI digital signal process as its core system. Its products include NVIDIA Jetson TX1/TX2 Sensor module solution, Body Worn Camera Solution, Car DVR Solution, and Image Related Product.

Appro Photoelectron Headlines

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