Jia Wei Lifestyle (TPE:3557) Receivables Turnover : 1.31 (As of Dec. 2023)

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What is Jia Wei Lifestyle 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. Jia Wei Lifestyle's Revenue for the three months ended in Dec. 2023 was NT$1,227 Mil. Jia Wei Lifestyle's average Accounts Receivable for the three months ended in Dec. 2023 was NT$935 Mil. Hence, Jia Wei Lifestyle's Receivables Turnover for the three months ended in Dec. 2023 was 1.31.

Jia Wei Lifestyle Receivables Turnover Historical Data

The historical data trend for Jia Wei Lifestyle'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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Jia Wei Lifestyle Receivables Turnover Chart

Jia Wei Lifestyle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.63

5.00

5.64

5.63

4.83

Jia Wei Lifestyle 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															1.69	1.47	1.13	1.28	1.31

Competitive Comparison of Jia Wei Lifestyle's Receivables Turnover

For the Specialty Retail subindustry, Jia Wei Lifestyle'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.

Jia Wei Lifestyle's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jia Wei Lifestyle's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jia Wei Lifestyle's Receivables Turnover falls into.

Jia Wei Lifestyle Receivables Turnover Calculation

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

Jia Wei Lifestyle'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 )
=	4752.422	/ (	(1011.577	+	955.016)	/	2 )
=	4752.422	/	983.2965
=	4.83

Jia Wei Lifestyle'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 )
=	1226.806	/ (	(914.334	+	955.016)	/	2 )
=	1226.806	/	934.675
=	1.31

Jia Wei Lifestyle (TPE:3557) 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.

Jia Wei Lifestyle Receivables Turnover Related Terms

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Jia Wei Lifestyle (TPE:3557) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jia Wei Lifestyle Inc (TPE:3557) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 296, Xinyi Road, 14th Floor-4, Section 4, Daan District, Taipei, TWN, 10679

Website

http://www.jiaweils.com

Jia Wei Lifestyle Inc is engaged in the design, development, manufacturing, and sales of household products. It markets catering supplies, kitchen supplies, and bathroom supplies. Catering supplies include protagonists of food color and fragrance. The company generates revenue from the trade of products.

Jia Wei Lifestyle (TPE:3557) Headlines

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