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King Yuan Electronics Co (TPE:2449) Receivables Turnover : 1.09 (As of Mar. 2024)


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What is King Yuan Electronics 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. King Yuan Electronics Co's Revenue for the three months ended in Mar. 2024 was NT$8,215 Mil. King Yuan Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$7,522 Mil. Hence, King Yuan Electronics Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.09.


King Yuan Electronics Co Receivables Turnover Historical Data

The historical data trend for King Yuan Electronics 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.

King Yuan Electronics Co Receivables Turnover Chart

King Yuan Electronics 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 4.63 4.93 4.89 4.89 4.52

King Yuan Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.14 1.21 1.17 1.13 1.09

Competitive Comparison of King Yuan Electronics Co's Receivables Turnover

For the Semiconductors subindustry, King Yuan Electronics 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.


King Yuan Electronics Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, King Yuan Electronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where King Yuan Electronics Co's Receivables Turnover falls into.



King Yuan Electronics Co Receivables Turnover Calculation

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

King Yuan Electronics 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 )
=33025.307 / ((7135.225 + 7470.985) / 2 )
=33025.307 / 7303.105
=4.52

King Yuan Electronics Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=8214.718 / ((7470.985 + 7572.156) / 2 )
=8214.718 / 7521.5705
=1.09

* 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.


King Yuan Electronics Co  (TPE:2449) 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.


King Yuan Electronics Co Receivables Turnover Related Terms

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King Yuan Electronics Co (TPE:2449) Business Description

Traded in Other Exchanges
N/A
Address
No. 81, Gongdao Road, Section 2, Hsinchu, TWN, 300
King Yuan Electronics Co Ltd, or KYEC, tests back-end integrated circuit packaging and the semiconductor industry worldwide. It has offices positioned in several regions for immediate packaging and testing of semiconductors for its client base. Testing services encompass wafer probing, final testing, and preassembly services. Alongside an array of testing platforms, KYEC provides a diverse cache of packages for different outlines, sensors, and radio frequencies. The company receives demand from manufacturers in markets such as mobile phones, wireless communication, graphics cards, and integrated circuits for consumer electronics.

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