What is Test Rite International 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. Test Rite International Co's Revenue for the
three
months ended in Mar. 2025 was NT$8,557 Mil. Test Rite International Co's average Accounts Receivable for the
three
months ended in Mar. 2025 was NT$6,887 Mil.
Hence, Test Rite International Co's Receivables Turnover for the
three
months ended in Mar. 2025 was 1.24.
Test Rite International Co Receivables Turnover Historical Data
* 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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Test Rite International Co Receivables Turnover Chart
Competitive Comparison of Test Rite International Co's Receivables Turnover
For the Home Improvement Retail subindustry, Test Rite International 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.
Test Rite International Co's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Test Rite International Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Test Rite International Co's Receivables Turnover falls into.
* 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.
Test Rite International Co (TPE:2908) 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.
Test Rite International Co Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Test Rite International Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in trading business and retail business. The trading business consists of the import and export of household goods and licensing business, such as DIY hand tools, furniture, electrical appliances, and other household items, and this segment provides products for retailers in a worldwide, like Wal-Mart, Sam's Club, Target, Staples, Office Depot, and Carrefour. The retail business in Taiwan and mainland China refers to the sale and marketing of household items and services directly to consumers. The company also conducts product design, packaging design, as well as logistics and warehousing services. The trading business and retail business jointly account for the majority of the company's total revenue.
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