GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sigurd Microelectronics Corp (TPE:6257) » Definitions » Receivables Turnover

Sigurd Microelectronics (TPE:6257) Receivables Turnover : 1.06 (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Sigurd Microelectronics 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. Sigurd Microelectronics's Revenue for the three months ended in Sep. 2024 was NT$4,588 Mil. Sigurd Microelectronics's average Accounts Receivable for the three months ended in Sep. 2024 was NT$4,324 Mil. Hence, Sigurd Microelectronics's Receivables Turnover for the three months ended in Sep. 2024 was 1.06.


Sigurd Microelectronics Receivables Turnover Historical Data

The historical data trend for Sigurd Microelectronics'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.

Sigurd Microelectronics Receivables Turnover Chart

Sigurd Microelectronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 3.90 4.65 4.85 4.11

Sigurd Microelectronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.07 1.03 1.10 1.12 1.06

Competitive Comparison of Sigurd Microelectronics's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Sigurd Microelectronics'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.


Sigurd Microelectronics's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sigurd Microelectronics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sigurd Microelectronics's Receivables Turnover falls into.



Sigurd Microelectronics Receivables Turnover Calculation

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

Sigurd Microelectronics'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 )
=15479.501 / ((3831.425 + 3699.852) / 2 )
=15479.501 / 3765.6385
=4.11

Sigurd Microelectronics'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 )
=4588.274 / ((4269.475 + 4378.98) / 2 )
=4588.274 / 4324.2275
=1.06

* 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.


Sigurd Microelectronics  (TPE:6257) 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.


Sigurd Microelectronics Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sigurd Microelectronics's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Sigurd Microelectronics Business Description

Traded in Other Exchanges
N/A
Address
No. 436, Section 1, Pei-Shing Road, Chu-Tung, Hsinchu, TWN, 31053
Sigurd Microelectronics Corp is engaged in the design, processing, testing, burn-in treatment, manufacture, trading, etc., of integrated circuits. Semiconductors produced by the company are used in applications such as computers, consumer electronics, multimedia, and wireless communication technology. The company also offers testing services, including wafer probe tests, final testing, back-end servicing, test engineering, and laser repair.

Sigurd Microelectronics Headlines

No Headlines