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Plotech Co (TPE:6141) Receivables Turnover : 0.65 (As of Dec. 2024)


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What is Plotech 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. Plotech Co's Revenue for the three months ended in Dec. 2024 was NT$432 Mil. Plotech Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$668 Mil. Hence, Plotech Co's Receivables Turnover for the three months ended in Dec. 2024 was 0.65.


Plotech Co Receivables Turnover Historical Data

The historical data trend for Plotech 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.

* Premium members only.

Plotech Co Receivables Turnover Chart

Plotech 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 2.82 2.90 2.73 2.48 2.72

Plotech 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 0.57 0.79 0.68 0.67 0.65

Competitive Comparison of Plotech Co's Receivables Turnover

For the Electronic Components subindustry, Plotech 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.


Plotech Co's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Plotech Co's Receivables Turnover falls into.


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Plotech Co Receivables Turnover Calculation

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

Plotech 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 )
=2288.68 / ((1054.131 + 629.765) / 2 )
=2288.68 / 841.948
=2.72

Plotech 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 )
=431.776 / ((705.469 + 629.765) / 2 )
=431.776 / 667.617
=0.65

* 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.


Plotech Co  (TPE:6141) 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.


Plotech Co Receivables Turnover Related Terms

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Plotech Co Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Kee Lung Road, 12th Floor, No. 112, Taipei, TWN
Plotech Co Ltd is a Taiwan-based company engaged in the manufacture and distribution of printed circuit boards, which happens to be its single reporting segment. The company mainly provides hard double-sided and multilayer PCBs. Geographically the group distributes its products in Taiwan, Mainland China, South Korea, and internationally.

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