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Taiwan Auto-Design Co (ROCO:6791) Receivables Turnover : 0.78 (As of Mar. 2025)


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What is Taiwan Auto-Design Co 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. Taiwan Auto-Design Co's Revenue for the three months ended in Mar. 2025 was NT$181.2 Mil. Taiwan Auto-Design Co's average Accounts Receivable for the three months ended in Mar. 2025 was NT$232.6 Mil. Hence, Taiwan Auto-Design Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.78.


Taiwan Auto-Design Co Receivables Turnover Historical Data

The historical data trend for Taiwan Auto-Design Co'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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Taiwan Auto-Design Co Receivables Turnover Chart

Taiwan Auto-Design Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 6.49 3.97 3.85 3.72 3.00

Taiwan Auto-Design Co Quarterly Data
Dec18 Dec19 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 0.86 0.95 0.94 0.82 0.78

Competitive Comparison of Taiwan Auto-Design Co's Receivables Turnover

For the Software - Infrastructure subindustry, Taiwan Auto-Design Co'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.


Taiwan Auto-Design Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Taiwan Auto-Design Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Taiwan Auto-Design Co's Receivables Turnover falls into.


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Taiwan Auto-Design Co Receivables Turnover Calculation

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

Taiwan Auto-Design Co'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 )
=675.513 / ((192.711 + 257.49) / 2 )
=675.513 / 225.1005
=3.00

Taiwan Auto-Design Co'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 )
=181.181 / ((257.49 + 207.706) / 2 )
=181.181 / 232.598
=0.78

* 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.


Taiwan Auto-Design Co  (ROCO:6791) 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.


Taiwan Auto-Design Co Receivables Turnover Related Terms

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Taiwan Auto-Design Co Business Description

Traded in Other Exchanges
N/A
Address
Xianmin Boulevard, 11th Floor, No. 68, Section 2, Banqiao District, New Taipei City, TWN, 22065
Taiwan Auto-Design Co provides high-speed parallel computing and cloud application development. Through cloud technology, its customers can flexibly apply software and build a knowledge platform combined with big data analysis.

Taiwan Auto-Design Co Headlines

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