GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yieh Hsing Enterprise Co Ltd (TPE:2007) » Definitions » Receivables Turnover

Yieh Hsing Enterprise Co (TPE:2007) Receivables Turnover : 6.99 (As of Dec. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Yieh Hsing 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. Yieh Hsing Enterprise Co's Revenue for the three months ended in Dec. 2024 was NT$1,657 Mil. Yieh Hsing Enterprise Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$237 Mil. Hence, Yieh Hsing Enterprise Co's Receivables Turnover for the three months ended in Dec. 2024 was 6.99.


Yieh Hsing Enterprise Co Receivables Turnover Historical Data

The historical data trend for Yieh Hsing 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.

* Premium members only.

Yieh Hsing Enterprise Co Receivables Turnover Chart

Yieh Hsing Enterprise Co 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 42.31 21.02 22.04 36.03 33.84

Yieh Hsing Enterprise 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 8.69 8.35 8.59 9.00 6.99

Competitive Comparison of Yieh Hsing Enterprise Co's Receivables Turnover

For the Steel subindustry, Yieh Hsing 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.


Yieh Hsing Enterprise Co's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh Hsing Enterprise Co's Receivables Turnover distribution charts can be found below:

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


;
;

Yieh Hsing Enterprise Co Receivables Turnover Calculation

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

Yieh Hsing 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 )
=6899.957 / ((133.399 + 274.394) / 2 )
=6899.957 / 203.8965
=33.84

Yieh Hsing Enterprise Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=1656.927 / ((199.753 + 274.394) / 2 )
=1656.927 / 237.0735
=6.99

* 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.


Yieh Hsing Enterprise Co  (TPE:2007) 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.


Yieh Hsing Enterprise Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Yieh Hsing Enterprise Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Yieh Hsing Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.369, Baomi Road, Baimi Village, Gangshan District, Kaohsiung, TWN, 82053
Yieh Hsing Enterprise Co Ltd operates in the steel industry. It is mainly engaged in the processing and manufacturing of stainless steel, carbon steel, and special steel. Geographically, the company generates a majority of its revenue from Taiwan and the rest from America, Thailand, China, Italy, and other countries.

Yieh Hsing Enterprise Co Headlines

No Headlines