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Realy Developmentnstruction (ROCO:2596) Receivables Turnover : 2.10 (As of Sep. 2024)


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What is Realy Developmentnstruction 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. Realy Developmentnstruction's Revenue for the three months ended in Sep. 2024 was NT$101.2 Mil. Realy Developmentnstruction's average Accounts Receivable for the three months ended in Sep. 2024 was NT$48.3 Mil. Hence, Realy Developmentnstruction's Receivables Turnover for the three months ended in Sep. 2024 was 2.10.


Realy Developmentnstruction Receivables Turnover Historical Data

The historical data trend for Realy Developmentnstruction'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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Realy Developmentnstruction Receivables Turnover Chart

Realy Developmentnstruction 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 3.20 8.93 47.42 11.53 15.55

Realy Developmentnstruction Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.08 4.52 1.57 1.33 2.10

Competitive Comparison of Realy Developmentnstruction's Receivables Turnover

For the Real Estate Services subindustry, Realy Developmentnstruction'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.


Realy Developmentnstruction's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Realy Developmentnstruction's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Realy Developmentnstruction's Receivables Turnover falls into.



Realy Developmentnstruction Receivables Turnover Calculation

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

Realy Developmentnstruction'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 )
=912.98 / ((48.208 + 69.243) / 2 )
=912.98 / 58.7255
=15.55

Realy Developmentnstruction's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=101.239 / ((72.431 + 24.095) / 2 )
=101.239 / 48.263
=2.10

* 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.


Realy Developmentnstruction  (ROCO:2596) 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.


Realy Developmentnstruction Receivables Turnover Related Terms

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Realy Developmentnstruction Business Description

Traded in Other Exchanges
N/A
Address
No.69, Civil Boulevard, 2 Floor, Sector 5, Songshan District, Taipei, TWN
Realy Development & Construction Corp provides real estate services. Its services include the Development, leasing, and sale of residential houses, Building and industrial plants, as well as the development of special zones for specific industries, investment Public constructions, and real estate agencies. It has three reportable segments First Sales segment; Construction segment and Second Sales segment segment. It generates the majority of its revenue from the Construction segment.

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