Advancetek Enterprise Co (TPE:1442) Receivables Turnover : 33.02 (As of Mar. 2025)

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What is Advancetek Enterprise 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. Advancetek Enterprise Co's Revenue for the three months ended in Mar. 2025 was NT$1,376 Mil. Advancetek Enterprise Co's average Accounts Receivable for the three months ended in Mar. 2025 was NT$42 Mil. Hence, Advancetek Enterprise Co's Receivables Turnover for the three months ended in Mar. 2025 was 33.02.

Advancetek Enterprise Co Receivables Turnover Historical Data

The historical data trend for Advancetek Enterprise 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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Advancetek Enterprise Co Receivables Turnover Chart

Advancetek Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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65.49

123.07

4.09

9.57

98.06

Advancetek Enterprise Co 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															27.10	139.44	36.11	18.38	33.02

Competitive Comparison of Advancetek Enterprise Co's Receivables Turnover

For the Real Estate Services subindustry, Advancetek Enterprise 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.

Advancetek Enterprise Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Advancetek Enterprise Co's Receivables Turnover distribution charts can be found below:

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

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Advancetek Enterprise Co Receivables Turnover Calculation

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

Advancetek Enterprise 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 )
=	8801.948	/ (	(131.928	+	47.591)	/	2 )
=	8801.948	/	89.7595
=	98.06

Advancetek Enterprise Co'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 )
=	1376.172	/ (	(47.591	+	35.768)	/	2 )
=	1376.172	/	41.6795
=	33.02

Advancetek Enterprise Co (TPE:1442) 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.

Advancetek Enterprise Co Receivables Turnover Related Terms

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Advancetek Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Advancetek Enterprise Co Ltd (TPE:1442) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

Sec. 1, Chengtai Road, 5th floor, No.16, Lane 189, Wugu District, Taipei, TWN

Website

https://www.advancetek.com.tw

Advancetek Enterprise Co Ltd is a real estate company. The Company's primary business is to commission builders to construct public housing for sale or lease. It develops, leases, and distributes residential, commercial, and industrial properties, including housings, suites, shops, offices, and parking lots, among others.

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