Xavi Technologies (TPE:3447) Receivables Turnover : 1.21 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Xavi 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. Xavi Technologies's Revenue for the three months ended in Mar. 2024 was NT$417 Mil. Xavi Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was NT$346 Mil. Hence, Xavi Technologies's Receivables Turnover for the three months ended in Mar. 2024 was 1.21.

Xavi Technologies Receivables Turnover Historical Data

The historical data trend for Xavi 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.

* Premium members only.

Xavi Technologies Receivables Turnover Chart

Xavi Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.50

4.35

4.70

5.27

3.19

Xavi Technologies Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial											1.03	1.18	1.08	1.18	1.21

Competitive Comparison of Xavi Technologies's Receivables Turnover

For the Communication Equipment subindustry, Xavi 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.

Xavi Technologies's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xavi Technologies's Receivables Turnover distribution charts can be found below:

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

Xavi Technologies Receivables Turnover Calculation

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

Xavi Technologies'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 )
=	2868.678	/ (	(1470.705	+	327.751)	/	2 )
=	2868.678	/	899.228
=	3.19

Xavi Technologies's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	417.033	/ (	(327.751	+	363.621)	/	2 )
=	417.033	/	345.686
=	1.21

Xavi Technologies (TPE:3447) 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.

Xavi Technologies Receivables Turnover Related Terms

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

Xavi Technologies (TPE:3447) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xavi Technologies Corp (TPE:3447) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.69, Sec. 2, Guangfu Road, 22nd Floor, Sanchong District, New Taipei, TWN, 24158

Website

http://www.xavi.com.tw

Xavi Technologies Corp is engaged in the research and development, manufacture and sales of network communication products, etc. Geographically, the Group currently focuses on wholesale in Taiwan and Asia.

Xavi Technologies (TPE:3447) Headlines

No Headlines