Powerchip Semiconductor Manufacturing (TPE:6770) Receivables Turnover : 1.61 (As of Dec. 2023)

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What is Powerchip Semiconductor Manufacturing 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. Powerchip Semiconductor Manufacturing's Revenue for the three months ended in Dec. 2023 was NT$11,161 Mil. Powerchip Semiconductor Manufacturing's average Accounts Receivable for the three months ended in Dec. 2023 was NT$6,914 Mil. Hence, Powerchip Semiconductor Manufacturing's Receivables Turnover for the three months ended in Dec. 2023 was 1.61.

Powerchip Semiconductor Manufacturing Receivables Turnover Historical Data

The historical data trend for Powerchip Semiconductor Manufacturing'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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Powerchip Semiconductor Manufacturing Receivables Turnover Chart

Powerchip Semiconductor Manufacturing Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.10

7.86

7.71

8.26

6.15

Powerchip Semiconductor Manufacturing Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial														1.55	1.56	1.59	1.49	1.61

Competitive Comparison of Powerchip Semiconductor Manufacturing's Receivables Turnover

For the Semiconductors subindustry, Powerchip Semiconductor Manufacturing'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.

Powerchip Semiconductor Manufacturing's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Powerchip Semiconductor Manufacturing's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Powerchip Semiconductor Manufacturing's Receivables Turnover falls into.

Powerchip Semiconductor Manufacturing Receivables Turnover Calculation

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

Powerchip Semiconductor Manufacturing'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 )
=	44022.552	/ (	(7628.602	+	6679.375)	/	2 )
=	44022.552	/	7153.9885
=	6.15

Powerchip Semiconductor Manufacturing's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	11161.466	/ (	(7148.828	+	6679.375)	/	2 )
=	11161.466	/	6914.1015
=	1.61

Powerchip Semiconductor Manufacturing (TPE:6770) 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.

Powerchip Semiconductor Manufacturing Receivables Turnover Related Terms

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Powerchip Semiconductor Manufacturing (TPE:6770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Powerchip Semiconductor Manufacturing Corp (TPE:6770) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 18, Li-Hsin Road 1, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.powerchip.com

Powerchip Semiconductor Manufacturing Corp is engaged in the business of manufacturing and distributing memory components. The company produces power integrated circuits, discrete components, memory chips, image sensors, and other related products. Geographically, the majority is from Taiwan.

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