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Evergreen Aviation Technologies (TPE:2645) Receivables Turnover : 1.35 (As of Dec. 2024)


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What is Evergreen Aviation Technologies 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. Evergreen Aviation Technologies's Revenue for the three months ended in Dec. 2024 was NT$4,575 Mil. Evergreen Aviation Technologies's average Accounts Receivable for the three months ended in Dec. 2024 was NT$3,395 Mil. Hence, Evergreen Aviation Technologies's Receivables Turnover for the three months ended in Dec. 2024 was 1.35.


Evergreen Aviation Technologies Receivables Turnover Historical Data

The historical data trend for Evergreen Aviation Technologies'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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Evergreen Aviation Technologies Receivables Turnover Chart

Evergreen Aviation Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 1.55 6.15 5.69 5.17 4.60

Evergreen Aviation Technologies Quarterly Data
Dec18 Dec19 Dec20 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 1.16 1.20 1.30 1.33 1.35

Competitive Comparison of Evergreen Aviation Technologies's Receivables Turnover

For the Airports & Air Services subindustry, Evergreen Aviation Technologies'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.


Evergreen Aviation Technologies's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Evergreen Aviation Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Evergreen Aviation Technologies's Receivables Turnover falls into.


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Evergreen Aviation Technologies Receivables Turnover Calculation

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

Evergreen Aviation Technologies'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 )
=16284.5 / ((3185.121 + 3899.471) / 2 )
=16284.5 / 3542.296
=4.60

Evergreen Aviation Technologies'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 )
=4574.614 / ((2890.941 + 3899.471) / 2 )
=4574.614 / 3395.206
=1.35

* 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.


Evergreen Aviation Technologies  (TPE:2645) 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.


Evergreen Aviation Technologies Receivables Turnover Related Terms

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Evergreen Aviation Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Hang-Zhan South Road, Taiwan Taoyuan International Airport, Dayuan District, Taoyuan, TWN, 337
Evergreen Aviation Technologies Corp is engaged in the maintenance, repair, and overhaul of airframes, aircraft engines, and accessories; manufacture, conversion, and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; and civil aviation personnel training. Its reportable segments are the Maintenance segment, which maintains airframes, aircraft engines, and accessories; and the Manufacturing segment, which manufactures, processes, and sells aircraft engines and accessories.

Evergreen Aviation Technologies Headlines

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