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UMC Electronics Co (STU:UM3) Receivables Turnover : 2.77 (As of Sep. 2024)


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What is UMC Electronics 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. UMC Electronics Co's Revenue for the three months ended in Sep. 2024 was €202.9 Mil. UMC Electronics Co's average Accounts Receivable for the three months ended in Sep. 2024 was €73.3 Mil. Hence, UMC Electronics Co's Receivables Turnover for the three months ended in Sep. 2024 was 2.77.


UMC Electronics Co Receivables Turnover Historical Data

The historical data trend for UMC Electronics 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.

UMC Electronics Co Receivables Turnover Chart

UMC Electronics Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.04 7.24 7.55 9.24 7.97

UMC Electronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.39 2.19 2.44 2.77 2.71

Competitive Comparison of UMC Electronics Co's Receivables Turnover

For the Electronic Components subindustry, UMC Electronics 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.


UMC Electronics Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, UMC Electronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where UMC Electronics Co's Receivables Turnover falls into.


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UMC Electronics Co Receivables Turnover Calculation

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

UMC Electronics Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=806.214 / ((118.587 + 83.815) / 2 )
=806.214 / 101.201
=7.97

UMC Electronics Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=202.885 / ((75.333 + 71.296) / 2 )
=202.885 / 73.3145
=2.77

* 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.


UMC Electronics Co  (STU:UM3) 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.


UMC Electronics Co Receivables Turnover Related Terms

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UMC Electronics Co Business Description

Traded in Other Exchanges
Address
721 Kawarabuki, Ageo, Saitama, JPN, 362-0022
UMC Electronics Co Ltd manufactures electronics and electronic components. The company develops antennas, active tags and readers, devices for fingerprint authentication systems, IC card reader/writer-related devices contact and non-contact type, monitoring alarm for vehicle abnormalities, PHS terminals, pachinko amusement/pinball, game pachinko/pinball game control units, devices related to credit/debit cards, handy terminals, and original reader/writer core units.

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