GCT Semiconductor Holding (GCT Semiconductor Holding) Receivables Turnover : 0.65 (As of Mar. 2024)

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What is GCT Semiconductor Holding 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. GCT Semiconductor Holding's Revenue for the three months ended in Mar. 2024 was $3.27 Mil. GCT Semiconductor Holding's average Accounts Receivable for the three months ended in Mar. 2024 was $5.01 Mil. Hence, GCT Semiconductor Holding's Receivables Turnover for the three months ended in Mar. 2024 was 0.65.

GCT Semiconductor Holding Receivables Turnover Historical Data

The historical data trend for GCT Semiconductor Holding'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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GCT Semiconductor Holding Receivables Turnover Chart

GCT Semiconductor Holding Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

4.36

3.23

3.42

GCT Semiconductor Holding Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			0.49	0.69	-	0.71	0.65

Competitive Comparison of GCT Semiconductor Holding's Receivables Turnover

For the Semiconductors subindustry, GCT Semiconductor Holding'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.

GCT Semiconductor Holding's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GCT Semiconductor Holding's Receivables Turnover falls into.

GCT Semiconductor Holding Receivables Turnover Calculation

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

GCT Semiconductor Holding'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 )
=	16.028	/ (	(4.453	+	4.92)	/	2 )
=	16.028	/	4.6865
=	3.42

GCT Semiconductor Holding'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 )
=	3.265	/ (	(4.92	+	5.103)	/	2 )
=	3.265	/	5.0115
=	0.65

GCT Semiconductor Holding (NYSE:GCTS) 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.

GCT Semiconductor Holding Receivables Turnover Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCT Semiconductor Holding Inc (NYSE:GCTS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131

Website

https://www.gctsemi.com

GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

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