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Kaimei Electronic (TPE:2375) Receivables Turnover : 0.85 (As of Dec. 2024)


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What is Kaimei Electronic 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. Kaimei Electronic's Revenue for the three months ended in Dec. 2024 was NT$1,267 Mil. Kaimei Electronic's average Accounts Receivable for the three months ended in Dec. 2024 was NT$1,490 Mil. Hence, Kaimei Electronic's Receivables Turnover for the three months ended in Dec. 2024 was 0.85.


Kaimei Electronic Receivables Turnover Historical Data

The historical data trend for Kaimei Electronic'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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Kaimei Electronic Receivables Turnover Chart

Kaimei Electronic 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 4.26 4.27 3.45 3.42 3.84

Kaimei Electronic 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 0.84 0.88 1.00 0.88 0.85

Competitive Comparison of Kaimei Electronic's Receivables Turnover

For the Electronic Components subindustry, Kaimei Electronic'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.


Kaimei Electronic's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kaimei Electronic's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kaimei Electronic's Receivables Turnover falls into.


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Kaimei Electronic Receivables Turnover Calculation

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

Kaimei Electronic'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 )
=5263.968 / ((1320.811 + 1421.907) / 2 )
=5263.968 / 1371.359
=3.84

Kaimei Electronic'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 )
=1266.738 / ((1557.82 + 1421.907) / 2 )
=1266.738 / 1489.8635
=0.85

* 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.


Kaimei Electronic  (TPE:2375) 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.


Kaimei Electronic Receivables Turnover Related Terms

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Kaimei Electronic Business Description

Traded in Other Exchanges
N/A
Address
Section 1, Xintai 5th Road, 13th Floor, No. 81, Xizhi District, New Taipei City, TWN, 22101
Kaimei Electronic Corp manufactures and distributes capacitors. The company provides electrolytic capacitors, plastic film capacitors, and chip capacitors that are used as components for general telecommunication products, and consumer products, among others. The company has two reportable segments namely: capacitor and fan department and Resistor department. Geographically, the company operates in Hong Kong and China, which derives maximum revenue; Taiwan and other Asia Pacific regions; Europe; Americas and Others.

Kaimei Electronic Headlines

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