Aaeon Technology (TPE:6579) Receivables Turnover : 1.96 (As of Mar. 2024)

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What is Aaeon Technology 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. Aaeon Technology's Revenue for the three months ended in Mar. 2024 was NT$1,803 Mil. Aaeon Technology's average Accounts Receivable for the three months ended in Mar. 2024 was NT$921 Mil. Hence, Aaeon Technology's Receivables Turnover for the three months ended in Mar. 2024 was 1.96.

Aaeon Technology Receivables Turnover Historical Data

The historical data trend for Aaeon Technology'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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Aaeon Technology Receivables Turnover Chart

Aaeon Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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7.53

7.79

8.34

6.92

7.23

Aaeon Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.05	1.89	2.10	2.01	1.96

Competitive Comparison of Aaeon Technology's Receivables Turnover

For the Computer Hardware subindustry, Aaeon Technology'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.

Aaeon Technology's Receivables Turnover Distribution in the Hardware Industry

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

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

Aaeon Technology Receivables Turnover Calculation

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

Aaeon Technology's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	8352.076	/ (	(1174.099	+	1135.029)	/	2 )
=	8352.076	/	1154.564
=	7.23

Aaeon Technology'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1802.503	/ (	(998.693	+	843.098)	/	2 )
=	1802.503	/	920.8955
=	1.96

Aaeon Technology (TPE:6579) 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.

Aaeon Technology Receivables Turnover Related Terms

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Aaeon Technology (TPE:6579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aaeon Technology Inc (TPE:6579) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 135, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei, TWN, 231

Website

https://www.aaeon.com

Aaeon Technology Inc is engaged in manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, as well as the import/export of related materials. The operating segment includes IPC and Medical PC, geographical presence of the company is in Taiwan, China, Singapore, USA and Europe.

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