GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Onyx Healthcare Inc (ROCO:6569) » Definitions » Receivables Turnover

Onyx Healthcare (ROCO:6569) Receivables Turnover : 1.68 (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is Onyx Healthcare 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. Onyx Healthcare's Revenue for the three months ended in Mar. 2025 was NT$310 Mil. Onyx Healthcare's average Accounts Receivable for the three months ended in Mar. 2025 was NT$184 Mil. Hence, Onyx Healthcare's Receivables Turnover for the three months ended in Mar. 2025 was 1.68.


Onyx Healthcare Receivables Turnover Historical Data

The historical data trend for Onyx Healthcare'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.

Onyx Healthcare Receivables Turnover Chart

Onyx Healthcare 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 8.51 6.71 6.80 6.53 6.52

Onyx Healthcare 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 1.64 1.85 1.72 2.25 1.68

Competitive Comparison of Onyx Healthcare's Receivables Turnover

For the Health Information Services subindustry, Onyx Healthcare'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.


Onyx Healthcare's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Onyx Healthcare's Receivables Turnover distribution charts can be found below:

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


;
;

Onyx Healthcare Receivables Turnover Calculation

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

Onyx Healthcare'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 )
=1241.251 / ((192.123 + 188.479) / 2 )
=1241.251 / 190.301
=6.52

Onyx Healthcare'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 )
=309.941 / ((188.479 + 180.111) / 2 )
=309.941 / 184.295
=1.68

* 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.


Onyx Healthcare  (ROCO:6569) 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.


Onyx Healthcare Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Onyx Healthcare's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Onyx Healthcare Business Description

Traded in Other Exchanges
N/A
Address
Baoqiao Road, No. 135, Lane 235, 2nd Floor, Xindian District, New Taipei, TWN, 231
Onyx Healthcare Inc is engaged in designing, manufacturing, and trading of medical computers and its peripherals. The company provides medical products such as AI Ready Medical PC and Tablet, Medical PC & Monitor for Digital OR (ACCEL), Telemedicine, Medical Cart Computer(Venus), Medical Power Panel PC (Mini Venus), Power Bank (UPower), Battery Management System (ORION), Mobile Medical Tablet (MD), Professional Medical All in One PC (ZEUS), etc. It operates in Taiwan , USA and Other countries and generates maximum revenue from Tsaiwan.

Onyx Healthcare Headlines

No Headlines