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Eslite Spectrum (ROCO:2926) Receivables Turnover : 1.87 (As of Mar. 2024)


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What is Eslite Spectrum 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. Eslite Spectrum's Revenue for the three months ended in Mar. 2024 was NT$1,620 Mil. Eslite Spectrum's average Accounts Receivable for the three months ended in Mar. 2024 was NT$865 Mil. Hence, Eslite Spectrum's Receivables Turnover for the three months ended in Mar. 2024 was 1.87.


Eslite Spectrum Receivables Turnover Historical Data

The historical data trend for Eslite Spectrum'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.

Eslite Spectrum Receivables Turnover Chart

Eslite Spectrum 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 7.86 7.53 7.16 7.88 7.68

Eslite Spectrum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.36 2.56 2.24 2.04 1.87

Competitive Comparison of Eslite Spectrum's Receivables Turnover

For the Department Stores subindustry, Eslite Spectrum'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.


Eslite Spectrum's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Eslite Spectrum's Receivables Turnover falls into.



Eslite Spectrum Receivables Turnover Calculation

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

Eslite Spectrum'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 )
=6643.412 / ((705.417 + 1025.01) / 2 )
=6643.412 / 865.2135
=7.68

Eslite Spectrum's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1619.605 / ((1025.01 + 705.93) / 2 )
=1619.605 / 865.47
=1.87

* 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.


Eslite Spectrum  (ROCO:2926) 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.


Eslite Spectrum Receivables Turnover Related Terms

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Eslite Spectrum (ROCO:2926) Business Description

Traded in Other Exchanges
N/A
Address
B1, No. 204, Section 3, Sungte Road, Xinyi District, Taipei, TWN, 11075
Eslite Spectrum Corp is engaged in channels of cultural and creative industry, operation entrustment and management counselling services of department stores, trading and import of appliances and equipment for hotel use, trading and installation of appliances and equipment for kitchen use, import agency and retail of foods, as well as the operation of cafes and restaurants, and others. Its businesses involve the Omni-channel development business and the Hospitality business.

Eslite Spectrum (ROCO:2926) Headlines

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