ChainSea Information Integration Co (ROCO:6898) Receivables Turnover : 2.19 (As of Dec. 2024)

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What is ChainSea Information Integration 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. ChainSea Information Integration Co's Revenue for the six months ended in Dec. 2024 was NT$572 Mil. ChainSea Information Integration Co's average Accounts Receivable for the six months ended in Dec. 2024 was NT$261 Mil. Hence, ChainSea Information Integration Co's Receivables Turnover for the six months ended in Dec. 2024 was 2.19.

ChainSea Information Integration Co Receivables Turnover Historical Data

The historical data trend for ChainSea Information Integration 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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ChainSea Information Integration Co Receivables Turnover Chart

ChainSea Information Integration Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

575.17

743.24

1,235.84

4.71

4.93

ChainSea Information Integration Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				-	-	2.27	2.83	2.19

Competitive Comparison of ChainSea Information Integration Co's Receivables Turnover

For the Specialty Business Services subindustry, ChainSea Information Integration 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.

ChainSea Information Integration Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ChainSea Information Integration Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ChainSea Information Integration Co's Receivables Turnover falls into.

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ChainSea Information Integration Co Receivables Turnover Calculation

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

ChainSea Information Integration 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 )
=	1129.629	/ (	(196.721	+	261.133)	/	2 )
=	1129.629	/	228.927
=	4.93

ChainSea Information Integration 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 )
=	571.943	/ (	(0	+	261.133)	/	1 )
=	571.943	/	261.133
=	2.19

ChainSea Information Integration Co (ROCO:6898) 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.

ChainSea Information Integration Co Receivables Turnover Related Terms

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ChainSea Information Integration Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ChainSea Information Integration Co Ltd (ROCO:6898) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chongqing North Road, 10th Floor, No. 1-1, Section 1, Datong District, Taipei, TWN, 103

Website

https://www.chainsea.com.tw

ChainSea Information Integration Co Ltd is engaged in the operation and management of outsourced customer service centers on the basis of system integration.

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