J&B International (ROCO:4442) Receivables Turnover : 2.55 (As of Mar. 2024)

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What is J&B International 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. J&B International's Revenue for the three months ended in Mar. 2024 was NT$315 Mil. J&B International's average Accounts Receivable for the three months ended in Mar. 2024 was NT$124 Mil. Hence, J&B International's Receivables Turnover for the three months ended in Mar. 2024 was 2.55.

J&B International Receivables Turnover Historical Data

The historical data trend for J&B International'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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J&B International Receivables Turnover Chart

J&B International Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

13.05

8.23

4.94

5.75

J&B International Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						1.51	2.09	2.41	3.03	2.55

Competitive Comparison of J&B International's Receivables Turnover

For the Apparel Manufacturing subindustry, J&B International'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.

J&B International's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J&B International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where J&B International's Receivables Turnover falls into.

J&B International Receivables Turnover Calculation

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

J&B International'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 )
=	1128.77	/ (	(242.105	+	150.785)	/	2 )
=	1128.77	/	196.445
=	5.75

J&B International'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 )
=	315.299	/ (	(150.785	+	96.541)	/	2 )
=	315.299	/	123.663
=	2.55

J&B International (ROCO:4442) 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.

J&B International Receivables Turnover Related Terms

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J&B International (ROCO:4442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » J&B International Inc (ROCO:4442) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 186, Jian 1st Road, Building 4/H, Floor 14, Zhonghe District, New Taipei, TWN, 235603

Website

https://www.jb-group.com.tw

J&B International Inc is as a fabric solution supplier for international sports, leisure, and outdoor activity brands. It provides fabrics for sports, outdoor, winter, ski and leisurewear, working cross sector with various apparel brands.

J&B International (ROCO:4442) Headlines

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