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Far East Bio Tec Co (ROCO:6886) Receivables Turnover : 12.41 (As of Dec. 2024)


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What is Far East Bio Tec 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. Far East Bio Tec Co's Revenue for the six months ended in Dec. 2024 was NT$218.8 Mil. Far East Bio Tec Co's average Accounts Receivable for the six months ended in Dec. 2024 was NT$17.6 Mil. Hence, Far East Bio Tec Co's Receivables Turnover for the six months ended in Dec. 2024 was 12.41.

Far East Bio Tec Co Receivables Turnover Historical Data

The historical data trend for Far East Bio Tec 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.

Far East Bio Tec Co Receivables Turnover Chart

Far East Bio Tec Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
36.81 24.92 21.18 18.01 19.45

Far East Bio Tec Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 9.57 7.97 10.51 12.55 12.41

Competitive Comparison of Far East Bio Tec Co's Receivables Turnover

For the Packaged Foods subindustry, Far East Bio Tec 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.

Far East Bio Tec Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Far East Bio Tec Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Far East Bio Tec Co's Receivables Turnover falls into.


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Far East Bio Tec Co Receivables Turnover Calculation

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

Far East Bio Tec 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 )
=387.74 / ((15.756 + 24.105) / 2 )
=387.74 / 19.9305
=19.45

Far East Bio Tec 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 )
=218.82 / ((11.169 + 24.105) / 2 )
=218.82 / 17.637
=12.41

* 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.

Far East Bio Tec Co  (ROCO:6886) 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.

Far East Bio Tec Co Receivables Turnover Related Terms

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Far East Bio Tec Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Far East Bio Tec Co Ltd (ROCO:6886) » Definitions » Receivables Turnover
Comparable Companies
ROCO:6929 ROCO:6578 ROCO:4109 ROCO:2756 ROCO:1294 ROCO:6963 TPE:1220 ROCO:6968 TPE:1233 ROCO:8905 XSWX:NESN XPAR:BN KHC SHSE:603288 GIS K NSE:NESTLEIND SHSE:600887 SZSE:300999 LSE:ABF
Traded in Other Exchanges
N/A
Address
No.3. Yuan Chui Street, Room A, 13th Floor, Nan-Gang District, Taipei, TWN, 115
Website
https://www.febico.com.tw
Far East Bio Tec Co Ltd is a manufacturer of Organic Spirulina, Organic Chlorella, Spirulina natural, and Chlorella natural, nutritional supplements. The firm uses fermentation facilities to produce high-quality nattokinase and spore-forming probiotics. Its products comprise products Organic Spirulina, Organic Chlorella, Chlorella Growth Factor, Phycocyanin, Nattokinase, Lactobacillus sporogenes probiotics, Apogen Microalgae Protein, DHA Algae Oil.

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