Taiwan Ostor (ROCO:8080) Receivables Turnover : 1.54 (As of Mar. 2024)

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What is Taiwan Ostor 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 Ostor's Revenue for the three months ended in Mar. 2024 was NT$31.6 Mil. Taiwan Ostor's average Accounts Receivable for the three months ended in Mar. 2024 was NT$20.5 Mil. Hence, Taiwan Ostor's Receivables Turnover for the three months ended in Mar. 2024 was 1.54.

Taiwan Ostor Receivables Turnover Historical Data

The historical data trend for Taiwan Ostor'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 Ostor Receivables Turnover Chart

Taiwan Ostor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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0.71

1.79

12.27

18.70

9.27

Taiwan Ostor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.40	2.91	3.19	1.56	1.54

Competitive Comparison of Taiwan Ostor's Receivables Turnover

For the Electronic Components subindustry, Taiwan Ostor'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 Ostor's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiwan Ostor's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Taiwan Ostor's Receivables Turnover falls into.

Taiwan Ostor Receivables Turnover Calculation

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

Taiwan Ostor'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 )
=	189.683	/ (	(19.986	+	20.954)	/	2 )
=	189.683	/	20.47
=	9.27

Taiwan Ostor's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	31.596	/ (	(20.954	+	20.016)	/	2 )
=	31.596	/	20.485
=	1.54

Taiwan Ostor (ROCO:8080) 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 Ostor Receivables Turnover Related Terms

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Taiwan Ostor (ROCO:8080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiwan Ostor Corp (ROCO:8080) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 4, Zhongxiao East Road, 8th Floor, No. 221, Da'an District, Taipei City, TWN, 105

Website

http://www.ost.com.tw

Taiwan Ostor Corp is a Taiwan-based company engaged in the engaged in general import and export trade business, department store and grocery sales, sales of electronic products and their parts, agency, quotation and bidding business, optical instrument manufacturing, energy technology services, and electronic component manufacturing. , building materials retail, residential and industrial plant development, leasing and sales, investment and construction of public construction, urban renewal and reconstruction, real estate leasing, waste removal, construction surplus earth and stone resource processing and other engineering industries, etc.

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