Action Electronics Co (TPE:3024) Receivables Turnover : 7.35 (As of Dec. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Action 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. Action Electronics Co's Revenue for the three months ended in Dec. 2024 was NT$1,345 Mil. Action Electronics Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$183 Mil. Hence, Action Electronics Co's Receivables Turnover for the three months ended in Dec. 2024 was 7.35.

Action Electronics Co Receivables Turnover Historical Data

The historical data trend for Action 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.

Action Electronics Co Receivables Turnover Chart

Action Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

9.89

11.58

13.07

11.50

15.17

Action Electronics Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.12	1.79	1.74	1.54	7.35

Competitive Comparison of Action Electronics Co's Receivables Turnover

For the Consumer Electronics subindustry, Action 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.

Action Electronics Co's Receivables Turnover Distribution in the Hardware Industry

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

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

Save Embed

;

Save Embed

;

Action Electronics Co Receivables Turnover Calculation

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

Action Electronics Co'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 )
=	2495.322	/ (	(180.063	+	149.013)	/	2 )
=	2495.322	/	164.538
=	15.17

Action Electronics Co'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 )
=	1345.307	/ (	(217.042	+	149.013)	/	2 )
=	1345.307	/	183.0275
=	7.35

Action Electronics Co (TPE:3024) 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.

Action Electronics Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Action Electronics Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Action Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Action Electronics Co Ltd (TPE:3024) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 423-7 Zhengguang Road, 4th Floor, Taoyuan District, Taoyuan, TWN, 330

Website

https://www.action.com.tw

Action Electronics Co Ltd is engaged in the trade of audio-visual electronic products, various home appliances, and other related products, housing and building development and rental, etc. The company's products include portable multimedia players, LCD digital TVs, mobile entertainment devices, mobile internet devices, and solar applications. Its operating segments include Brand management, Asset activation, and Automotive electronics. The company generates a majority of its revenue from the Automotive electronics segment. Geographically, the company derives maximum revenue from Taiwan, Mainland China, the United States, and other regions.

Action Electronics Co Headlines

No Headlines