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Reward Wool Industry (TPE:1423) Receivables Turnover : 7.87 (As of Mar. 2025)


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What is Reward Wool Industry 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. Reward Wool Industry's Revenue for the three months ended in Mar. 2025 was NT$28.39 Mil. Reward Wool Industry's average Accounts Receivable for the three months ended in Mar. 2025 was NT$3.61 Mil. Hence, Reward Wool Industry's Receivables Turnover for the three months ended in Mar. 2025 was 7.87.


Reward Wool Industry Receivables Turnover Historical Data

The historical data trend for Reward Wool Industry'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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Reward Wool Industry Receivables Turnover Chart

Reward Wool Industry Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 35.26 26.71 15.96 -

Reward Wool Industry Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 103.05 46.48 72.76 38.39 7.87

Competitive Comparison of Reward Wool Industry's Receivables Turnover

For the Textile Manufacturing subindustry, Reward Wool Industry'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.


Reward Wool Industry's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reward Wool Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reward Wool Industry's Receivables Turnover falls into.


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Reward Wool Industry Receivables Turnover Calculation

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

Reward Wool Industry'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 )
=104.444 / ((0 + 0) / 1 )
=104.444 / 0
=N/A

Reward Wool Industry's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=28.389 / ((0 + 3.609) / 1 )
=28.389 / 3.609
=7.87

* 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.


Reward Wool Industry  (TPE:1423) 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.


Reward Wool Industry Receivables Turnover Related Terms

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Reward Wool Industry Business Description

Traded in Other Exchanges
N/A
Address
Chung Hsiao East Road, 310, Sec. 4, 12th Floor, Kuang Fu Building, Taipei, TWN
Reward Wool Industry Corp operates in the textile manufacturing industry. The company is engaged in the manufacturing and sales of wool tops (including carbonized noil), other special processing tops for shrink-proof, dyeing, and finishing, and import and export of related businesses. Geographically, the company derives its key revenue from its business in Taiwan and the rest from Japan, South Korea, and other regions.

Reward Wool Industry Headlines

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