Senao International Co (TPE:2450) Receivables Turnover : 5.09 (As of Dec. 2023)

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What is Senao International 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. Senao International Co's Revenue for the three months ended in Dec. 2023 was NT$8,358 Mil. Senao International Co's average Accounts Receivable for the three months ended in Dec. 2023 was NT$1,644 Mil. Hence, Senao International Co's Receivables Turnover for the three months ended in Dec. 2023 was 5.09.

Senao International Co Receivables Turnover Historical Data

The historical data trend for Senao International 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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Senao International Co Receivables Turnover Chart

Senao International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

17.56

16.66

18.03

16.72

18.26

Senao International Co 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															4.36	4.39	4.06	4.44	5.09

Competitive Comparison of Senao International Co's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Senao International 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.

Senao International Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Senao International Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Senao International Co's Receivables Turnover falls into.

Senao International Co Receivables Turnover Calculation

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

Senao International 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 )
=	31269.132	/ (	(1924.246	+	1500.836)	/	2 )
=	31269.132	/	1712.541
=	18.26

Senao International Co'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 )
=	8358.39	/ (	(1786.317	+	1500.836)	/	2 )
=	8358.39	/	1643.5765
=	5.09

Senao International Co (TPE:2450) 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.

Senao International Co Receivables Turnover Related Terms

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Senao International Co (TPE:2450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Senao International Co Ltd (TPE:2450) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No.531, Chung Cheng Road, 2nd Floor, Hsin-Tien, New Taipei City, TWN

Website

https://www.senao.com.tw

Senao International Co Ltd is a company mainly engaged in agent distribution and sale of mobile phones, tablets, related accessories, and other digital communication products. The company also provides related maintenance services. The communication products account for most of the company's revenue. It operates in the business segment of selling information and communication products and peripheral products in Taiwan. It provides products under several brands, like Samsung, Sony Mobile, LG, Huawei, OPPO, HTC, ASUS, and others. The company generates the majority of its total revenue from the Taiwanese market.

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