Carbon-Based Technology (ROCO:7719) Receivables Turnover : 0.94 (As of Jun. 2024)

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What is Carbon-Based Technology 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. Carbon-Based Technology's Revenue for the six months ended in Jun. 2024 was NT$26.48 Mil. Carbon-Based Technology's average Accounts Receivable for the six months ended in Jun. 2024 was NT$28.06 Mil. Hence, Carbon-Based Technology's Receivables Turnover for the six months ended in Jun. 2024 was 0.94.

Carbon-Based Technology Receivables Turnover Historical Data

The historical data trend for Carbon-Based Technology'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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Carbon-Based Technology Receivables Turnover Chart

Carbon-Based Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

27.43

8.22

2.18

Carbon-Based Technology Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial			29.31	1.42	1.20	2.25	0.94

Competitive Comparison of Carbon-Based Technology's Receivables Turnover

For the Aerospace & Defense subindustry, Carbon-Based Technology'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.

Carbon-Based Technology's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Carbon-Based Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Carbon-Based Technology's Receivables Turnover falls into.

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Carbon-Based Technology Receivables Turnover Calculation

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

Carbon-Based Technology's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	69.908	/ (	(12.683	+	51.42)	/	2 )
=	69.908	/	32.0515
=	2.18

Carbon-Based Technology's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	26.481	/ (	(51.42	+	4.701)	/	2 )
=	26.481	/	28.0605
=	0.94

Carbon-Based Technology (ROCO:7719) 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.

Carbon-Based Technology Receivables Turnover Related Terms

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Carbon-Based Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Carbon-Based Technology Inc (ROCO:7719) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Gongyequ 36th Road, Xitun District, Taichung, TWN, 407

Website

https://www.uaver.com

Carbon-Based Technology Inc is mainly engaged in the research and development and manufacturing of precision composite materials and unmanned aerial vehicle bodies and systems. In addition, the high-end aviation parts manufacturing technology is used to develop the manufacturing and assembly of military large-scale UAV composite material body in an all-round way, and fully contribute to the national defense industry.

Carbon-Based Technology Headlines

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