Lily Textile Co (TPE:1443) Receivables Turnover : 2.30 (As of Mar. 2025)

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What is Lily Textile 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. Lily Textile Co's Revenue for the three months ended in Mar. 2025 was NT$255.1 Mil. Lily Textile Co's average Accounts Receivable for the three months ended in Mar. 2025 was NT$111.0 Mil. Hence, Lily Textile Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.30.

Lily Textile Co Receivables Turnover Historical Data

The historical data trend for Lily Textile 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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Lily Textile Co Receivables Turnover Chart

Lily Textile Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.21

5.15

5.09

6.64

8.89

Lily Textile 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															2.14	2.03	2.22	2.34	2.30

Competitive Comparison of Lily Textile Co's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Lily Textile 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.

Lily Textile Co's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Lily Textile Co's Receivables Turnover distribution charts can be found below:

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

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Lily Textile Co Receivables Turnover Calculation

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

Lily Textile 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 )
=	924.396	/ (	(97.28	+	110.607)	/	2 )
=	924.396	/	103.9435
=	8.89

Lily Textile 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 )
=	255.076	/ (	(110.607	+	111.314)	/	2 )
=	255.076	/	110.9605
=	2.30

Lily Textile Co (TPE:1443) 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.

Lily Textile Co Receivables Turnover Related Terms

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Lily Textile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lily Textile Co Ltd (TPE:1443) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 70, Xining North Road, 6th Floor, Datong District, Taipei, TWN

Website

https://www.lilydc.com.tw

Lily Textile Co Ltd operates in the textile manufacturing industry. The businesses of the company include warehousing leasing and tallying, and the trading, bidding and agency business of various products of raw cotton materials are retained as supplementary business. The operating segments of the company are; the Sales segment which represents the sales and agency business of various cloth products and other commodities, and the Logistics segment which includes warehouse leasing, tallying and processing business. The majority of the company's revenue is derived from the logistics segment.

Lily Textile Co Headlines

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