Arch Meter (TPE:4588) Receivables Turnover : 5.55 (As of Sep. 2024)

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What is Arch Meter 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. Arch Meter's Revenue for the three months ended in Sep. 2024 was NT$250.9 Mil. Arch Meter's average Accounts Receivable for the three months ended in Sep. 2024 was NT$45.2 Mil. Hence, Arch Meter's Receivables Turnover for the three months ended in Sep. 2024 was 5.55.

Arch Meter Receivables Turnover Historical Data

The historical data trend for Arch Meter'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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Arch Meter Receivables Turnover Chart

Arch Meter Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.86

2.25

4.42

5.12

9.75

Arch Meter Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial									1.82	1.90	2.65	3.06	5.55

Competitive Comparison of Arch Meter's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Arch Meter'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.

Arch Meter's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Arch Meter's Receivables Turnover distribution charts can be found below:

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

Arch Meter Receivables Turnover Calculation

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

Arch Meter'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 )
=	1036.959	/ (	(142.848	+	69.791)	/	2 )
=	1036.959	/	106.3195
=	9.75

Arch Meter'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 )
=	250.886	/ (	(48.572	+	41.768)	/	2 )
=	250.886	/	45.17
=	5.55

Arch Meter (TPE:4588) 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.

Arch Meter Receivables Turnover Related Terms

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Arch Meter Business Description

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Address

No.3-2, Industry East Road, 4th Floor, 9 Hsinchu Science Park, Hsinchu, TWN, 300096

Website

https://www.archmeter.com

Arch Meter Corp is an electronic measuring meter manufacturer in Taiwan, providing pre-payment meters, electronic meters, and electricity meters. It also supplies single-phase multi-function electricity meters and three-phase electricity meters. Its product portfolio comprises Embedded Instrumentation, Power Measurement Instruments, Electronic Energy Meters, and Smart Meter ICs. It owns key IC components and system products.

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