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Macnica Anstek (TPE:3528) Receivables Turnover : 0.78 (As of Mar. 2024)


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What is Macnica Anstek 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. Macnica Anstek's Revenue for the three months ended in Mar. 2024 was NT$1,235 Mil. Macnica Anstek's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,587 Mil. Hence, Macnica Anstek's Receivables Turnover for the three months ended in Mar. 2024 was 0.78.


Macnica Anstek Receivables Turnover Historical Data

The historical data trend for Macnica Anstek'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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Macnica Anstek Receivables Turnover Chart

Macnica Anstek Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 4.49 5.14 5.31 4.38

Macnica Anstek Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 1.13 1.03 0.90 0.78

Competitive Comparison of Macnica Anstek's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


Macnica Anstek's Receivables Turnover Distribution in the Hardware Industry

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

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



Macnica Anstek Receivables Turnover Calculation

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

Macnica Anstek's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=6407.178 / ((1396.38 + 1528.653) / 2 )
=6407.178 / 1462.5165
=4.38

Macnica Anstek'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1235.352 / ((1727.108 + 1447.096) / 2 )
=1235.352 / 1587.102
=0.78

* 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.


Macnica Anstek  (TPE:3528) 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.


Macnica Anstek Receivables Turnover Related Terms

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Macnica Anstek (TPE:3528) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, Yuzhi District, 21st Floor, No. 75, Section 1, Hsichih, Taipei, TWN, 221
Answer Technology Co Ltd is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

Macnica Anstek (TPE:3528) Headlines

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