President Securities (TPE:2855) Receivables Turnover : 0.04 (As of Mar. 2025)

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What is President Securities 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. President Securities's Revenue for the three months ended in Mar. 2025 was NT$1,368 Mil. President Securities's average Accounts Receivable for the three months ended in Mar. 2025 was NT$35,288 Mil. Hence, President Securities's Receivables Turnover for the three months ended in Mar. 2025 was 0.04.

President Securities Receivables Turnover Historical Data

The historical data trend for President Securities'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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President Securities Receivables Turnover Chart

President Securities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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0.54

0.88

0.18

0.76

0.66

President Securities Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															0.15	0.15	0.12	0.08	0.04

Competitive Comparison of President Securities's Receivables Turnover

For the Capital Markets subindustry, President Securities'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.

President Securities's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, President Securities's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where President Securities's Receivables Turnover falls into.

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President Securities Receivables Turnover Calculation

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

President Securities'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 )
=	15939.844	/ (	(19096.292	+	29483.666)	/	2 )
=	15939.844	/	24289.979
=	0.66

President Securities's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	1367.614	/ (	(29483.666	+	41091.71)	/	2 )
=	1367.614	/	35287.688
=	0.04

President Securities (TPE:2855) 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.

President Securities Receivables Turnover Related Terms

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President Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » President Securities Corp (TPE:2855) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st Floor., No.8, Dongxing Road, Sungshan District, Taipei, TWN, 105

Website

https://www.pscnet.com.tw

President Securities Corp is a Taiwan-based securities company with several segments. The brokerage segment is engaged in the trading of listed securities and other instruments as approved by the regulations, along with margin trading, short sale, and assistance in futures trading. The proprietary trading segment is involved in using self-owned equity to execute securities trading and conduct futures and options hedging. The reinvestment segment is involved in companies reinvested by the consolidated entities. The other operating segment consists of a capital market business, a derivatives proprietary business, a financial product business, and others. It also has a Quantitative Trading segment and a Financial product segment.

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