Intumit (ROCO:7547) Receivables Turnover : 4.05 (As of Dec. 2023)

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What is Intumit 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. Intumit's Revenue for the six months ended in Dec. 2023 was NT$111.2 Mil. Intumit's average Accounts Receivable for the six months ended in Dec. 2023 was NT$27.5 Mil. Hence, Intumit's Receivables Turnover for the six months ended in Dec. 2023 was 4.05.

Intumit Receivables Turnover Historical Data

The historical data trend for Intumit'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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Intumit Receivables Turnover Chart

Intumit Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.82

4.21

4.58

4.52

5.60

Intumit Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial							4.16	2.16	3.21	2.73	4.05

Competitive Comparison of Intumit's Receivables Turnover

For the Software - Infrastructure subindustry, Intumit'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.

Intumit's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Intumit's Receivables Turnover distribution charts can be found below:

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

Intumit Receivables Turnover Calculation

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

Intumit'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 )
=	195.111	/ (	(38.131	+	31.54)	/	2 )
=	195.111	/	34.8355
=	5.60

Intumit'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	111.179	/ (	(23.431	+	31.54)	/	2 )
=	111.179	/	27.4855
=	4.05

Intumit (ROCO:7547) 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.

Intumit Receivables Turnover Related Terms

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Intumit (ROCO:7547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intumit Inc (ROCO:7547) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 86, Section 1, Beixin Road, 20th Floor-3, Xindian District, Taipei, TWN

Website

https://www.intumit.com

Intumit Inc provides artificial intelligence-based software products and services. The company's business projects include electronic information supply services, information software wholesale and retail, and computer equipment installation, etc.

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