GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hotron Precision Electronic Industrial Co Ltd (TPE:3092) » Definitions » Receivables Turnover

Hotron Precision Electronic Industrial Co (TPE:3092) Receivables Turnover : 0.54 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hotron Precision Electronic Industrial 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. Hotron Precision Electronic Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$450 Mil. Hotron Precision Electronic Industrial Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$837 Mil. Hence, Hotron Precision Electronic Industrial Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.54.


Hotron Precision Electronic Industrial Co Receivables Turnover Historical Data

The historical data trend for Hotron Precision Electronic Industrial 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.

* Premium members only.

Hotron Precision Electronic Industrial Co Receivables Turnover Chart

Hotron Precision Electronic Industrial Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 2.49 2.29 2.43 2.81

Hotron Precision Electronic Industrial Co 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 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 0.47 0.56 0.66 0.64 0.54

Competitive Comparison of Hotron Precision Electronic Industrial Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Hotron Precision Electronic Industrial 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.


Hotron Precision Electronic Industrial Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hotron Precision Electronic Industrial Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hotron Precision Electronic Industrial Co's Receivables Turnover falls into.



Hotron Precision Electronic Industrial Co Receivables Turnover Calculation

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

Hotron Precision Electronic Industrial Co'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 )
=3362.189 / ((1415.485 + 975.045) / 2 )
=3362.189 / 1195.265
=2.81

Hotron Precision Electronic Industrial 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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=449.894 / ((943.934 + 730.333) / 2 )
=449.894 / 837.1335
=0.54

* 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.


Hotron Precision Electronic Industrial Co  (TPE:3092) 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.


Hotron Precision Electronic Industrial Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hotron Precision Electronic Industrial Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Hotron Precision Electronic Industrial Co (TPE:3092) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Xing’al Road, Neihu District, Tapei, TWN, 114
Hotron Precision Electronic Industrial Co Ltd is engaged in the manufacture, and sale of cables and wires of various 3C products. Its products include Electric Car Charging Cables, Solar wires, Various Wires & Cables, Other wires, Electric Wire & Cable, Copper, PVC, Tooling for Metal press / Plastic injection, Products Of Metal Pressed Work, Composite Mylar Al. foil, and Connector. Its products are used by telecommunication, IT, power, auto industry, and medical appliances sector.

Hotron Precision Electronic Industrial Co (TPE:3092) Headlines

No Headlines