Ali (TPE:3041) Receivables Turnover : 2.94 (As of Sep. 2024)

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What is Ali 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. Ali's Revenue for the three months ended in Sep. 2024 was NT$428 Mil. Ali's average Accounts Receivable for the three months ended in Sep. 2024 was NT$146 Mil. Hence, Ali's Receivables Turnover for the three months ended in Sep. 2024 was 2.94.

Ali Receivables Turnover Historical Data

The historical data trend for Ali'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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Ali Receivables Turnover Chart

Ali Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.20

10.12

10.58

9.63

8.37

Ali Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															2.00	3.35	3.28	3.05	2.94

Competitive Comparison of Ali's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Ali'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.

Ali's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ali's Receivables Turnover distribution charts can be found below:

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

Ali Receivables Turnover Calculation

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

Ali's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1445.754	/ (	(212.704	+	132.786)	/	2 )
=	1445.754	/	172.745
=	8.37

Ali's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	428.477	/ (	(160.813	+	130.521)	/	2 )
=	428.477	/	145.667
=	2.94

Ali (TPE:3041) 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.

Ali Receivables Turnover Related Terms

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Ali Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ali Corp (TPE:3041) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 246 Neihu Road, 5th Floor, Section 1, Taipei, TWN, 114

Website

http://www.ali.com.tw

Ali Corp operates in the semiconductor industry. The company is mainly engaged in the research, development, design, and sales of chipsets for consumer electronic products and the provision of design and intellectual property rights services for the aforementioned integrated circuits. The majority of revenue is derived from the sale of goods. Geographically, it operates in Hong Kong, Mainland China, Korea, Taiwan, France, Singapore, and Others, out of which the majority is from Hong Kong.

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