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Logah Technology (TPE:3593) Receivables Turnover : 0.82 (As of Dec. 2024)


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What is Logah Technology 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. Logah Technology's Revenue for the three months ended in Dec. 2024 was NT$255.0 Mil. Logah Technology's average Accounts Receivable for the three months ended in Dec. 2024 was NT$309.5 Mil. Hence, Logah Technology's Receivables Turnover for the three months ended in Dec. 2024 was 0.82.


Logah Technology Receivables Turnover Historical Data

The historical data trend for Logah Technology'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.

Logah Technology Receivables Turnover Chart

Logah Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 3.42 2.91 2.96 2.78

Logah Technology 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 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 0.73 0.69 0.70 0.81 0.82

Competitive Comparison of Logah Technology's Receivables Turnover

For the Electronic Components subindustry, Logah Technology'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.


Logah Technology's Receivables Turnover Distribution in the Hardware Industry

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

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


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Logah Technology Receivables Turnover Calculation

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

Logah Technology'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 )
=877.438 / ((294.935 + 337.044) / 2 )
=877.438 / 315.9895
=2.78

Logah Technology'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 )
=255.032 / ((281.909 + 337.044) / 2 )
=255.032 / 309.4765
=0.82

* 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.


Logah Technology  (TPE:3593) 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.


Logah Technology Receivables Turnover Related Terms

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Logah Technology Business Description

Traded in Other Exchanges
N/A
Address
Caigong 1st Road, No. 15, Lane 62, Zuoying District, Kaohsiung, TWN, 813
Logah Technology Corp develops, manufactures, designs, and sales of of professional precision molds, precision plastic parts molding, spraying, printing, hot stamping, hot melt, Automatic pin punching machine, electroplating and assembly. Two-color, nitrogen, in-mold molding, RHCM extremely cold and extremely hot high-gloss molding. The company product category includes tablets, power banks, notebooks, earphones, and others. Its products include TV Inverters, LED-Converter, LIPS, and Power Supplies.

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