UniTTEC Co (SZSE:000925) Receivables Turnover : 0.21 (As of Mar. 2024)

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What is UniTTEC 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. UniTTEC Co's Revenue for the three months ended in Mar. 2024 was ¥253 Mil. UniTTEC Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,182 Mil. Hence, UniTTEC Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.21.

UniTTEC Co Receivables Turnover Historical Data

The historical data trend for UniTTEC 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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UniTTEC Co Receivables Turnover Chart

UniTTEC Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.97

2.29

2.34

2.07

1.91

UniTTEC Co 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															0.32	0.40	0.54	0.79	0.21

Competitive Comparison of UniTTEC Co's Receivables Turnover

For the Semiconductors subindustry, UniTTEC 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.

UniTTEC Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, UniTTEC Co's Receivables Turnover distribution charts can be found below:

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

UniTTEC Co Receivables Turnover Calculation

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

UniTTEC Co'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 )
=	2324.997	/ (	(1169.788	+	1266.94)	/	2 )
=	2324.997	/	1218.364
=	1.91

UniTTEC Co'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 )
=	252.532	/ (	(1266.94	+	1096.787)	/	2 )
=	252.532	/	1181.8635
=	0.21

UniTTEC Co (SZSE:000925) 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.

UniTTEC Co Receivables Turnover Related Terms

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UniTTEC Co (SZSE:000925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » UniTTEC Co Ltd (SZSE:000925) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051

Website

http://www.unittec.com

UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.

Executives

Pan Li Chun	Director
Luo Jian Qiang	Executives
Bian Jin Fei	Executives
He Hao	Executives
Lou Hong Hai	Directors, executives
Zhao Qin	Directors, executives
Tang Xin Liang	Director
Ling Zhu Jun	Executives
Wang Zhen Yu	Executives
Shi Xiu Xia	Executives
Li Jun	Directors, executives
Lu Xi Wei	Executives
Pan Rong	Executives
Chen Jun	Directors, executives
Jiang Xiang Yang	Executives

UniTTEC Co (SZSE:000925) Headlines

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