AcBel Polytech (TPE:6282) Receivables Turnover : 0.93 (As of Mar. 2024)

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What is AcBel Polytech 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. AcBel Polytech's Revenue for the three months ended in Mar. 2024 was NT$7,185 Mil. AcBel Polytech's average Accounts Receivable for the three months ended in Mar. 2024 was NT$7,759 Mil. Hence, AcBel Polytech's Receivables Turnover for the three months ended in Mar. 2024 was 0.93.

AcBel Polytech Receivables Turnover Historical Data

The historical data trend for AcBel Polytech'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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AcBel Polytech Receivables Turnover Chart

AcBel Polytech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.07

3.52

3.69

3.74

AcBel Polytech 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															0.88	0.98	1.35	0.92	0.93

Competitive Comparison of AcBel Polytech's Receivables Turnover

For the Electrical Equipment & Parts subindustry, AcBel Polytech'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.

AcBel Polytech's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AcBel Polytech's Receivables Turnover distribution charts can be found below:

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

AcBel Polytech Receivables Turnover Calculation

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

AcBel Polytech'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 )
=	27845.108	/ (	(6457.762	+	8449.574)	/	2 )
=	27845.108	/	7453.668
=	3.74

AcBel Polytech'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 )
=	7184.901	/ (	(8449.574	+	7068.996)	/	2 )
=	7184.901	/	7759.285
=	0.93

AcBel Polytech (TPE:6282) 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.

AcBel Polytech Receivables Turnover Related Terms

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AcBel Polytech (TPE:6282) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AcBel Polytech Inc (TPE:6282) » Definitions » Receivables Turnover

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Address

No. 159, Sec. 3, Danjin Road, Tanshui District, New Taipei City, Taipei, TWN, 251

Website

https://www.acbel.com

AcBel Polytech Inc is a Taiwanese technological company that develops, manufactures, and sells power-management solutions globally. The company offers a wide range of custom-designed power supplies, ranging from 3W up to 10,000W per power module, to meet clients' needs in industries like information technology, communication, consumer electronics, networks, and industrial automation. The company has sales offices in China, Japan, the U.S., and the U.K. Its manufacturing units are in Taiwan, China, and the Philippines.

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