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Asia Metal Industries (ROCO:6727) Receivables Turnover : 1.57 (As of Dec. 2024)


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What is Asia Metal Industries 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. Asia Metal Industries's Revenue for the three months ended in Dec. 2024 was NT$378 Mil. Asia Metal Industries's average Accounts Receivable for the three months ended in Dec. 2024 was NT$241 Mil. Hence, Asia Metal Industries's Receivables Turnover for the three months ended in Dec. 2024 was 1.57.


Asia Metal Industries Receivables Turnover Historical Data

The historical data trend for Asia Metal Industries'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.

Asia Metal Industries Receivables Turnover Chart

Asia Metal Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.83 4.81 6.61 5.28 5.98

Asia Metal Industries 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 1.05 2.02 2.62 1.87 1.57

Competitive Comparison of Asia Metal Industries's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Asia Metal Industries'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.


Asia Metal Industries's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Metal Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Asia Metal Industries's Receivables Turnover falls into.


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Asia Metal Industries Receivables Turnover Calculation

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

Asia Metal Industries'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 )
=1505.006 / ((235.539 + 267.602) / 2 )
=1505.006 / 251.5705
=5.98

Asia Metal Industries'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 )
=377.632 / ((214.51 + 267.602) / 2 )
=377.632 / 241.056
=1.57

* 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.


Asia Metal Industries  (ROCO:6727) 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.


Asia Metal Industries Receivables Turnover Related Terms

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Asia Metal Industries Business Description

Traded in Other Exchanges
N/A
Address
Minfu Road, Yangmei District, Number 16, Lane 199, Sec. 2, Taoyuan, TWN, 32663
Asia Metal Industries Inc is engaged in manufacturing and selling all kinds of coating equipment and providing relevant engineering support. The product portfolio of the company includes PP Synthetic Paper, Solar Energy, Optics, High Frequency CCL, Industrial Tape and Battery among others. It has a single industry segment, mainly engaged in the manufacturing and trading of metal machinery and parts.

Asia Metal Industries Headlines

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