GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Phison Electronics Corp (ROCO:8299) » Definitions » Receivables Turnover

Phison Electronics (ROCO:8299) Receivables Turnover : 1.69 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Phison Electronics 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. Phison Electronics's Revenue for the three months ended in Mar. 2024 was NT$16,526 Mil. Phison Electronics's average Accounts Receivable for the three months ended in Mar. 2024 was NT$9,769 Mil. Hence, Phison Electronics's Receivables Turnover for the three months ended in Mar. 2024 was 1.69.


Phison Electronics Receivables Turnover Historical Data

The historical data trend for Phison Electronics'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.

Phison Electronics Receivables Turnover Chart

Phison Electronics 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 8.00 8.12 8.48 7.55 5.72

Phison Electronics 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 1.52 1.60 1.64 1.73 1.69

Competitive Comparison of Phison Electronics's Receivables Turnover

For the Computer Hardware subindustry, Phison Electronics'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.


Phison Electronics's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Phison Electronics's Receivables Turnover distribution charts can be found below:

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



Phison Electronics Receivables Turnover Calculation

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

Phison Electronics'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 )
=48221.63 / ((7236.795 + 9621.791) / 2 )
=48221.63 / 8429.293
=5.72

Phison Electronics'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 )
=16525.877 / ((9621.791 + 9916.921) / 2 )
=16525.877 / 9769.356
=1.69

* 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.


Phison Electronics  (ROCO:8299) 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.


Phison Electronics Receivables Turnover Related Terms

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


Phison Electronics (ROCO:8299) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing 1st Street, 10F-6, No.251, Zhubei City, Hsinchu County, TWN, 302
Phison Electronics Corp is a Taiwan-based company engaged in designing and manufacturing flash memory controllers and peripheral system applications. Its product portfolio includes Flash memory module products, Controllers, Integrated circuits, and Others. Geographically company has a presence in Asia, America, Europe, Australia, and Others in which key revenue is derived from Asia.

Phison Electronics (ROCO:8299) Headlines

No Headlines