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Compal Electronics (Compal Electronics) Receivables Turnover : 1.18 (As of Dec. 2023)


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What is Compal Electronics 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. Compal Electronics's Revenue for the three months ended in Dec. 2023 was $7,733 Mil. Compal Electronics's average Accounts Receivable for the three months ended in Dec. 2023 was $6,567 Mil. Hence, Compal Electronics's Receivables Turnover for the three months ended in Dec. 2023 was 1.18.


Compal Electronics Receivables Turnover Historical Data

The historical data trend for Compal Electronics'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.

Compal Electronics Receivables Turnover Chart

Compal Electronics 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 5.00 5.11 4.77 4.19 4.87

Compal Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.13 1.15 1.22 1.11 1.18

Competitive Comparison of Compal Electronics's Receivables Turnover

For the Computer Hardware subindustry, Compal Electronics'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.


Compal Electronics's Receivables Turnover Distribution in the Hardware Industry

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

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



Compal Electronics Receivables Turnover Calculation

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

Compal Electronics'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 )
=30293.42 / ((6238.36 + 6198.57) / 2 )
=30293.42 / 6218.465
=4.87

Compal Electronics'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 )
=7733.106 / ((6934.541 + 6198.57) / 2 )
=7733.106 / 6566.5555
=1.18

* 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.


Compal Electronics  (OTCPK:CMPCY) 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.


Compal Electronics Receivables Turnover Related Terms

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Compal Electronics (Compal Electronics) Business Description

Traded in Other Exchanges
Address
No. 581 and No. 581-1, Ruiguang Road, Neihu District, Taipei, TWN, 11492
Compal Electronics Inc is a Taiwan-based original design manufacturer that produces notebook computers, monitors, and televisions for equipment manufacturers. The firm's operations are organized in two reportable segment Information technology products and strategy integrate product segment. The majority of the firm's revenue is generated from the United States, with the rest coming from China, Netherlands, United Kingdom, and Others.

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