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Farglory Land Development Co (TPE:5522) Receivables Turnover : 24.45 (As of Dec. 2024)


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What is Farglory Land Development Co 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. Farglory Land Development Co's Revenue for the three months ended in Dec. 2024 was NT$4,783 Mil. Farglory Land Development Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$196 Mil. Hence, Farglory Land Development Co's Receivables Turnover for the three months ended in Dec. 2024 was 24.45.


Farglory Land Development Co Receivables Turnover Historical Data

The historical data trend for Farglory Land Development Co'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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Farglory Land Development Co Receivables Turnover Chart

Farglory Land Development Co 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 41.59 71.54 65.63 68.46 98.45

Farglory Land Development Co 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 32.57 12.54 18.64 35.81 24.45

Competitive Comparison of Farglory Land Development Co's Receivables Turnover

For the Real Estate - Development subindustry, Farglory Land Development Co'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.


Farglory Land Development Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Farglory Land Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Farglory Land Development Co's Receivables Turnover falls into.


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Farglory Land Development Co Receivables Turnover Calculation

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

Farglory Land Development Co'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 )
=22399.065 / ((259.18 + 195.85) / 2 )
=22399.065 / 227.515
=98.45

Farglory Land Development Co'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 )
=4782.952 / ((195.388 + 195.85) / 2 )
=4782.952 / 195.619
=24.45

* 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.


Farglory Land Development Co  (TPE:5522) 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.


Farglory Land Development Co Receivables Turnover Related Terms

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Farglory Land Development Co Business Description

Traded in Other Exchanges
N/A
Address
No.200, Keelung Road, 16th floor, Section 1, Tainan, TWN
Farglory Land Development Co Ltd develops and sells real estate properties in Taiwan. The company provides land development, design and planning, construction, and supervision, planning and marketing, contract signing and clearing, and after sale services. It develops residential, office, and factory buildings, and undertakes BOT contracts. The company mainly operates via two divisions: Land and Construction.

Farglory Land Development Co Headlines

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