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Data I/O (Data I/O) Receivables Turnover : 1.30 (As of Dec. 2023)


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What is Data I/O 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. Data I/O's Revenue for the three months ended in Dec. 2023 was $6.87 Mil. Data I/O's average Accounts Receivable for the three months ended in Dec. 2023 was $5.30 Mil. Hence, Data I/O's Receivables Turnover for the three months ended in Dec. 2023 was 1.30.


Data I/O Receivables Turnover Historical Data

The historical data trend for Data I/O'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.

Data I/O Receivables Turnover Chart

Data I/O 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 5.48 6.17 7.96 5.39 5.25

Data I/O 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 1.55 1.46 1.53 1.36 1.30

Competitive Comparison of Data I/O's Receivables Turnover

For the Electronic Components subindustry, Data I/O'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.


Data I/O's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Data I/O's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Data I/O's Receivables Turnover falls into.



Data I/O Receivables Turnover Calculation

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

Data I/O'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 )
=28.064 / ((4.992 + 5.707) / 2 )
=28.064 / 5.3495
=5.25

Data I/O'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 )
=6.874 / ((4.9 + 5.707) / 2 )
=6.874 / 5.3035
=1.30

* 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.


Data I/O  (NAS:DAIO) 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.


Data I/O Receivables Turnover Related Terms

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Data I/O (Data I/O) Business Description

Traded in Other Exchanges
N/A
Address
6645 185th Avenue NE, Suite 100, Redmond, WA, USA, 98052
Data I/O Corp is a provider of programming, security deployment, security provisioning and associated Intellectual Property protection and management solutions used in electronics manufacturing with flash memory, microcontrollers, and flash memory-based intelligent devices as well as secure element devices, authentication devices and secure microcontrollers. It is engaged in focused on the design, manufacturing and sale of programming systems used by designers and manufacturers of electronic products. It has its geographic presence in United States, Europe and Rest of the world.
Executives
Gerald Yat Ng officer: Vice President Finance 16220 WOOD-RED ROAD NE, WOODINVILLE WA 98072
William O. Wentworth director 8 DYER AVE, SALEM NH 03079
Edward J Smith director 635 HOOD ROAD, MARKHAM A6 L3R 4N6
Cheemin Bo-linn director 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Anthony Ambrose director, officer: President 6645 185TH AVE NE SUITE 100, REDMOND WA 98052
Rajeev Gulati officer: Vice President CTO 6464 185TH AVE NE, SUITE 101, REDMOND WA 98052
Douglas Wells Brown director 6464 185TH AVE NE, SUITE 101, REDMOND WA 98052
Joel S Hatlen officer: Chief Financial Officer DATA IO CORP, 6464 185TH AVE NE, SUITE 101, REDMOND WA 98052
Sally A. Washlow director 6500 W. CORTLAND STREET, CHICAGO IL 60607
John D Delafield director 1301 SECOND AVENUE, SUITE 2850, SEATTLE WA 98101
Michael R Tidwell officer: Vice President Mktg & Bus Dev 6645 185TH AVE NE, SUITE 100, REDMOND WA 98052
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Mark J Gallenberger director LTX-CREDENCE CORPORATION, 825 UNIVERSITY AVENUE, NORWOOD MA 02062
David Kanen 10 percent owner 6429 NW 65TH WAY, PARKLAND FL 33067
Kanen Wealth Management Llc 10 percent owner 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076