Acer Synergy Manpower (ROCO:7706) Receivables Turnover : 2.41 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Acer Synergy Manpower 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. Acer Synergy Manpower's Revenue for the six months ended in Dec. 2023 was NT$176.8 Mil. Acer Synergy Manpower's average Accounts Receivable for the six months ended in Dec. 2023 was NT$73.4 Mil. Hence, Acer Synergy Manpower's Receivables Turnover for the six months ended in Dec. 2023 was 2.41.

Acer Synergy Manpower Receivables Turnover Historical Data

The historical data trend for Acer Synergy Manpower'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.

Acer Synergy Manpower Receivables Turnover Chart

Acer Synergy Manpower Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.86

5.11

4.76

4.29

Acer Synergy Manpower Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	2.73	2.13	2.40	2.41

Competitive Comparison of Acer Synergy Manpower's Receivables Turnover

For the Staffing & Employment Services subindustry, Acer Synergy Manpower'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.

Acer Synergy Manpower's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Acer Synergy Manpower's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Acer Synergy Manpower's Receivables Turnover falls into.

Acer Synergy Manpower Receivables Turnover Calculation

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

Acer Synergy Manpower'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 )
=	339.936	/ (	(73.686	+	84.728)	/	2 )
=	339.936	/	79.207
=	4.29

Acer Synergy Manpower'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 )
=	176.799	/ (	(62.11	+	84.728)	/	2 )
=	176.799	/	73.419
=	2.41

Acer Synergy Manpower (ROCO:7706) 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.

Acer Synergy Manpower Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Acer Synergy Manpower's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Acer Synergy Manpower (ROCO:7706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Acer Synergy Manpower Corp (ROCO:7706) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanke 1st Road, 2, Floor 6, Hsinchu County, Zhubei City, TWN, 302

Website

https://www.acer-asm.com

Acer Synergy Manpower Corp provides competitive and comprehensive human resources solutions to help corporate customers enhance their competitive advantages and become long-term human resources strategic partners, becoming a global professional human resources service consultant.

Acer Synergy Manpower (ROCO:7706) Headlines

No Headlines