Biostar Microtech International (TPE:2399) Receivables Turnover : 1.51 (As of Dec. 2024)

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What is Biostar Microtech International 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. Biostar Microtech International's Revenue for the three months ended in Dec. 2024 was NT$372 Mil. Biostar Microtech International's average Accounts Receivable for the three months ended in Dec. 2024 was NT$247 Mil. Hence, Biostar Microtech International's Receivables Turnover for the three months ended in Dec. 2024 was 1.51.

Biostar Microtech International Receivables Turnover Historical Data

The historical data trend for Biostar Microtech International'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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Biostar Microtech International Receivables Turnover Chart

Biostar Microtech International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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9.34

22.40

17.77

16.97

10.31

Biostar Microtech International 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															2.75	2.90	2.14	2.03	1.51

Competitive Comparison of Biostar Microtech International's Receivables Turnover

For the Computer Hardware subindustry, Biostar Microtech International'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.

Biostar Microtech International's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Biostar Microtech International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Biostar Microtech International's Receivables Turnover falls into.

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Biostar Microtech International Receivables Turnover Calculation

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

Biostar Microtech International'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 )
=	2018.684	/ (	(161.322	+	230.312)	/	2 )
=	2018.684	/	195.817
=	10.31

Biostar Microtech International'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 )
=	371.729	/ (	(263.567	+	230.312)	/	2 )
=	371.729	/	246.9395
=	1.51

Biostar Microtech International (TPE:2399) 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.

Biostar Microtech International Receivables Turnover Related Terms

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Biostar Microtech International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Biostar Microtech International Corp (TPE:2399) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

2Floor, NO.108-2 Min Chuan Road, Hsin-Tien District, New Taipei City, TWN

Website

https://www.biostar.com.tw

Biostar Microtech International Corp is dedicated to the design, development, manufacture, and marketing of a broad range of networking solutions. The company also manufactures products such as add-on cards, multimedia, and system. Its products include PC motherboards, VGA cards, and electronic components, among others. The segments of the company are: Asia-Pacific Operating Segment that includes manufacturing of computer mainboard, industrial computers and display cards, and sale of electronic products in the Asia-Pacific area; America Sales Segment consists of sale of electronic products in the Americas and Europe Sales Segment involves sale of electronic products in Europe. It derives maximum revenue from Asia-Pacific Segment.

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