North-Star International Co (ROCO:8927) Receivables Turnover : 4.93 (As of Dec. 2024)

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What is North-Star International 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. North-Star International Co's Revenue for the three months ended in Dec. 2024 was NT$2,125 Mil. North-Star International Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$431 Mil. Hence, North-Star International Co's Receivables Turnover for the three months ended in Dec. 2024 was 4.93.

North-Star International Co Receivables Turnover Historical Data

The historical data trend for North-Star International 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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North-Star International Co Receivables Turnover Chart

North-Star International Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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202.65

189.06

143.16

105.04

30.99

North-Star International Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															21.62	24.22	51.48	21.29	4.93

Competitive Comparison of North-Star International Co's Receivables Turnover

For the Specialty Retail subindustry, North-Star International 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.

North-Star International Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, North-Star International Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where North-Star International Co's Receivables Turnover falls into.

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North-Star International Co Receivables Turnover Calculation

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

North-Star International 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 )
=	12540.793	/ (	(89.86	+	719.599)	/	2 )
=	12540.793	/	404.7295
=	30.99

North-Star International 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: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	2125.012	/ (	(141.833	+	719.599)	/	2 )
=	2125.012	/	430.716
=	4.93

North-Star International Co (ROCO:8927) 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.

North-Star International Co Receivables Turnover Related Terms

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North-Star International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » North-Star International Co Ltd (ROCO:8927) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 137, Xinhai Road, Banqiao District, New Taipei City, TWN, 220

Website

https://www.nspco.com.tw

North-Star International Co Ltd is mainly engaged in the operation of petrol filling stations and the retail business of gasoline products in Taiwan. It provides petroleum and diesel and is also involved in the provision of cleaning services for cars, the sale of spare parts, and simple vehicle repair services. It has also diversified its operation of the Group, the Group has been expanding into hotels, real estate development, and sales as well as renewable energy development services. It has three reportable segments: gasoline sales, restaurant and travel service, and optoelectronics business. It generates the majority of its revenue from gasoline sales.

North-Star International Co Headlines

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