RFD Micro Electricity Co (ROCO:6883) Receivables Turnover : 1.38 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is RFD Micro Electricity 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. RFD Micro Electricity Co's Revenue for the six months ended in Dec. 2024 was NT$260 Mil. RFD Micro Electricity Co's average Accounts Receivable for the six months ended in Dec. 2024 was NT$188 Mil. Hence, RFD Micro Electricity Co's Receivables Turnover for the six months ended in Dec. 2024 was 1.38.

RFD Micro Electricity Co Receivables Turnover Historical Data

The historical data trend for RFD Micro Electricity 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.

* Premium members only.

RFD Micro Electricity Co Receivables Turnover Chart

RFD Micro Electricity Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

4.20

4.24

2.08

11.85

14.45

RFD Micro Electricity Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				0.38	5.50	4.16	3.66	1.38

Competitive Comparison of RFD Micro Electricity Co's Receivables Turnover

For the Solar subindustry, RFD Micro Electricity 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.

RFD Micro Electricity Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, RFD Micro Electricity Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RFD Micro Electricity Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

RFD Micro Electricity Co Receivables Turnover Calculation

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

RFD Micro Electricity 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 )
=	1170.821	/ (	(142.103	+	19.995)	/	2 )
=	1170.821	/	81.049
=	14.45

RFD Micro Electricity Co'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	259.892	/ (	(355.917	+	19.995)	/	2 )
=	259.892	/	187.956
=	1.38

RFD Micro Electricity Co (ROCO:6883) 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.

RFD Micro Electricity Co Receivables Turnover Related Terms

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

RFD Micro Electricity Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » RFD Micro Electricity Co Ltd (ROCO:6883) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wenxing Road, 302 4th Floor, No. 100, Sec. 2, Hsinchu County, Zhubei City, TWN, 30274

Website

https://www.rfdme.com

RFD Micro Electricity Co Ltd is engaged in providing ESG Services. The company uses solar power plant development and energy data collection, analysis, integration, and application to develop integrated planning, construction, and operation of solar power plants.

RFD Micro Electricity Co Headlines

No Headlines