National Silicon Industry Group Co (SHSE:688126) Receivables Turnover : 1.03 (As of Mar. 2024)

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What is National Silicon Industry Group 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. National Silicon Industry Group Co's Revenue for the three months ended in Mar. 2024 was ¥725 Mil. National Silicon Industry Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥704 Mil. Hence, National Silicon Industry Group Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.03.

National Silicon Industry Group Co Receivables Turnover Historical Data

The historical data trend for National Silicon Industry Group 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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National Silicon Industry Group Co Receivables Turnover Chart

National Silicon Industry Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.35

5.46

6.37

6.47

5.09

National Silicon Industry Group 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															1.28	1.40	1.40	1.33	1.03

Competitive Comparison of National Silicon Industry Group Co's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, National Silicon Industry Group 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.

National Silicon Industry Group Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, National Silicon Industry Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where National Silicon Industry Group Co's Receivables Turnover falls into.

National Silicon Industry Group Co Receivables Turnover Calculation

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

National Silicon Industry Group 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 )
=	3190.301	/ (	(686.081	+	568.36)	/	2 )
=	3190.301	/	627.2205
=	5.09

National Silicon Industry Group 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 )
=	724.803	/ (	(568.36	+	839.506)	/	2 )
=	724.803	/	703.933
=	1.03

National Silicon Industry Group Co (SHSE:688126) 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.

National Silicon Industry Group Co Receivables Turnover Related Terms

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National Silicon Industry Group Co (SHSE:688126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » National Silicon Industry Group Co Ltd (SHSE:688126) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 865 Changning Road, 4th Floor, Building 5, Shanghai, CHN, 200050

Website

http://www.nsig.com

National Silicon Industry Group was founded in 2015 after reorganizing several smaller silicon producers. Its major subsidiaries are Zing Semiconductor and Simgui domestically, and Okmetic in Finland. The company had an annual production capacity of 9 million wafers at the end of 2022. NSIG holds a 9% stake in France-based Soitec, which is both a supplier and a customer. NSIG is headquartered in Shanghai, China and employs over 2,400 people.

Executives

Qiu Ci Yun	Directors, senior managers
Huang Yan	senior management
Li Wei	Senior management, core technical personnel
	Senior management, core technical personnel

National Silicon Industry Group Co (SHSE:688126) Headlines

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