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Transcend Information (TPE:2451) Receivables Turnover : 2.04 (As of Mar. 2024)


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What is Transcend Information 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. Transcend Information's Revenue for the three months ended in Mar. 2024 was NT$2,732 Mil. Transcend Information's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,341 Mil. Hence, Transcend Information's Receivables Turnover for the three months ended in Mar. 2024 was 2.04.


Transcend Information Receivables Turnover Historical Data

The historical data trend for Transcend Information'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.

Transcend Information Receivables Turnover Chart

Transcend Information Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.58 7.44 7.86 9.37 8.54

Transcend Information Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.98 2.06 1.89 1.98 2.04

Competitive Comparison of Transcend Information's Receivables Turnover

For the Computer Hardware subindustry, Transcend Information'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.


Transcend Information's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Transcend Information's Receivables Turnover falls into.



Transcend Information Receivables Turnover Calculation

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

Transcend Information's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=12122.35 / ((1622.484 + 1217.936) / 2 )
=12122.35 / 1420.21
=8.54

Transcend Information'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2732.286 / ((1460.307 + 1222.303) / 2 )
=2732.286 / 1341.305
=2.04

* 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.


Transcend Information  (TPE:2451) 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.


Transcend Information Receivables Turnover Related Terms

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Transcend Information (TPE:2451) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, XingZhong Road, NeiHu District, Taipei, TWN
Transcend Information Inc manufactures and distributes memory products for applications in gaming, transportation, healthcare, automation, and military applications. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The firm generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.

Transcend Information (TPE:2451) Headlines

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