Winstek Semiconductor Co (ROCO:3265) Receivables Turnover : 1.07 (As of Mar. 2024)

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What is Winstek Semiconductor 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. Winstek Semiconductor Co's Revenue for the three months ended in Mar. 2024 was NT$1,001 Mil. Winstek Semiconductor Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$933 Mil. Hence, Winstek Semiconductor Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.07.

Winstek Semiconductor Co Receivables Turnover Historical Data

The historical data trend for Winstek Semiconductor 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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Winstek Semiconductor Co Receivables Turnover Chart

Winstek Semiconductor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.08

2.93

4.43

4.70

4.00

Winstek Semiconductor Co 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															0.98	0.99	0.97	0.98	1.07

Competitive Comparison of Winstek Semiconductor Co's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Winstek Semiconductor 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.

Winstek Semiconductor Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Winstek Semiconductor Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Winstek Semiconductor Co's Receivables Turnover falls into.

Winstek Semiconductor Co Receivables Turnover Calculation

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

Winstek Semiconductor 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 )
=	3667.818	/ (	(917.493	+	916.902)	/	2 )
=	3667.818	/	917.1975
=	4.00

Winstek Semiconductor Co'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 )
=	1000.667	/ (	(916.902	+	948.278)	/	2 )
=	1000.667	/	932.59
=	1.07

Winstek Semiconductor Co (ROCO:3265) 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.

Winstek Semiconductor Co Receivables Turnover Related Terms

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Winstek Semiconductor Co (ROCO:3265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Winstek Semiconductor Co Ltd (ROCO:3265) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 176-5, Luliaokeng, , 6th Ling, Qionglin Township, Hualung Chun, Chiung Lin, Hsinchu, TWN, 307410

Website

https://www.winstek.com.tw

Winstek Semiconductor Co Ltd is engaged in designing, testing, and selling integrated circuits. It offers wafer probing and sorting, final test, posttest, engineering support, turnkey test, wafer-level processing, and wafer bumping services. There are two reporting divisions in the Group: Testing Division and Packaging Division. It has two segments include the Testing Business and the Bumping Business for which the majority of the revenue is from the Bumping business segment.

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