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Sanyang Motor Co (TPE:2206) Receivables Turnover : 4.21 (As of Sep. 2024)


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What is Sanyang Motor 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. Sanyang Motor Co's Revenue for the three months ended in Sep. 2024 was NT$16,187 Mil. Sanyang Motor Co's average Accounts Receivable for the three months ended in Sep. 2024 was NT$3,848 Mil. Hence, Sanyang Motor Co's Receivables Turnover for the three months ended in Sep. 2024 was 4.21.


Sanyang Motor Co Receivables Turnover Historical Data

The historical data trend for Sanyang Motor 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.

Sanyang Motor Co Receivables Turnover Chart

Sanyang Motor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.02 18.45 18.10 19.55 23.81

Sanyang Motor Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.66 5.09 5.07 4.45 4.21

Competitive Comparison of Sanyang Motor Co's Receivables Turnover

For the Auto Manufacturers subindustry, Sanyang Motor 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.


Sanyang Motor Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanyang Motor Co's Receivables Turnover distribution charts can be found below:

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



Sanyang Motor Co Receivables Turnover Calculation

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

Sanyang Motor 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 )
=64461.239 / ((2738.032 + 2676.816) / 2 )
=64461.239 / 2707.424
=23.81

Sanyang Motor Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=16187.273 / ((4177.174 + 3519.111) / 2 )
=16187.273 / 3848.1425
=4.21

* 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.


Sanyang Motor Co  (TPE:2206) 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.


Sanyang Motor Co Receivables Turnover Related Terms

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Sanyang Motor Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Chung Hua Road, Hukou Township, Hsinchu, TWN, 303
Sanyang Motor Co Ltd is an automobile manufacturer domiciled in Taiwan. The company organises itself into two segments, the Domestic segment, and the Oversea segment engaged in manufacturing and selling automobile, scooter, and their parts, and providing related technical service and consulting services. It derives the majority of its revenue from the Domestic segment. Its geographical operations are spread across Taiwan, China, Asia, Europe, America, and Others.

Sanyang Motor Co Headlines

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