Supreme Electronics Co (TPE:8112) Receivables Turnover : 2.98 (As of Jun. 2024)

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What is Supreme Electronics 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. Supreme Electronics Co's Revenue for the three months ended in Jun. 2024 was NT$70,053 Mil. Supreme Electronics Co's average Accounts Receivable for the three months ended in Jun. 2024 was NT$23,488 Mil. Hence, Supreme Electronics Co's Receivables Turnover for the three months ended in Jun. 2024 was 2.98.

Supreme Electronics Co Receivables Turnover Historical Data

The historical data trend for Supreme Electronics 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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Supreme Electronics Co Receivables Turnover Chart

Supreme Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.04

9.12

11.06

9.23

7.78

Supreme Electronics Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															2.40	2.09	2.29	2.38	2.98

Competitive Comparison of Supreme Electronics Co's Receivables Turnover

For the Semiconductors subindustry, Supreme Electronics 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.

Supreme Electronics Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Supreme Electronics Co's Receivables Turnover distribution charts can be found below:

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

Supreme Electronics Co Receivables Turnover Calculation

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

Supreme Electronics Co'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 )
=	152145.178	/ (	(17251.975	+	21854.218)	/	2 )
=	152145.178	/	19553.0965
=	7.78

Supreme Electronics Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	70053.268	/ (	(25085.243	+	21890.326)	/	2 )
=	70053.268	/	23487.7845
=	2.98

Supreme Electronics Co (TPE:8112) 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.

Supreme Electronics Co Receivables Turnover Related Terms

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Supreme Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Supreme Electronics Co Ltd (TPE:8112) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 189 Gangqian Road, 7th Floor, Neihu District, Taipei City, TWN, 11494

Website

http://www.supreme.com.tw

Supreme Electronics Co Ltd is engaged in the import and export dealership of a variety of electronic products and components. It manufactures and sells electronic components to computer manufacturers. The products offered by the group include NAND flash & other memory, DRAM, TFT/LCD, Application Processor, System LSI, and other products, of which key revenue is generated from NAND flash & other memory products. Its geographical segments are Hong Kong & China, Taiwan, the United States, and other countries, of which most of the income is generated from Hong Kong & China.

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