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Chief Telecom (ROCO:6561) Receivables Turnover : 3.45 (As of Mar. 2024)


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What is Chief Telecom 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. Chief Telecom's Revenue for the three months ended in Mar. 2024 was NT$855 Mil. Chief Telecom's average Accounts Receivable for the three months ended in Mar. 2024 was NT$248 Mil. Hence, Chief Telecom's Receivables Turnover for the three months ended in Mar. 2024 was 3.45.


Chief Telecom Receivables Turnover Historical Data

The historical data trend for Chief Telecom'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.

Chief Telecom Receivables Turnover Chart

Chief Telecom 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 11.75 11.94 12.90 14.09 14.25

Chief Telecom 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 3.47 3.44 3.45 3.41 3.45

Competitive Comparison of Chief Telecom's Receivables Turnover

For the Telecom Services subindustry, Chief Telecom'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.


Chief Telecom's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chief Telecom's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chief Telecom's Receivables Turnover falls into.



Chief Telecom Receivables Turnover Calculation

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

Chief Telecom'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 )
=3242.698 / ((225.536 + 229.721) / 2 )
=3242.698 / 227.6285
=14.25

Chief Telecom'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 )
=855.204 / ((229.721 + 265.806) / 2 )
=855.204 / 247.7635
=3.45

* 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.


Chief Telecom  (ROCO:6561) 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.


Chief Telecom Receivables Turnover Related Terms

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Chief Telecom (ROCO:6561) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No. 68, Ruiguang Road, Nei-hu District, Taipei, TWN, 114
Chief Telecom Inc provides telecommunication services in Taiwan. The company's solutions and services include internet data center (IDC) service, Voice service, Cloud service, Global Carrier solution, Digital Content Provider, Enterprise Voice Solution, and ICT Integration for Traveling Industry.

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