Acer Gaming (ROCO:6908) Receivables Turnover : 5.59 (As of Dec. 2023)

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What is Acer Gaming 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. Acer Gaming's Revenue for the six months ended in Dec. 2023 was NT$2,212 Mil. Acer Gaming's average Accounts Receivable for the six months ended in Dec. 2023 was NT$396 Mil. Hence, Acer Gaming's Receivables Turnover for the six months ended in Dec. 2023 was 5.59.

Acer Gaming Receivables Turnover Historical Data

The historical data trend for Acer Gaming'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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Acer Gaming Receivables Turnover Chart

Acer Gaming Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.54

15.81

8.58

10.58

Acer Gaming Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			7.45	8.99	4.26	6.20	5.59

Competitive Comparison of Acer Gaming's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Acer Gaming'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.

Acer Gaming's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Acer Gaming's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Acer Gaming's Receivables Turnover falls into.

Acer Gaming Receivables Turnover Calculation

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

Acer Gaming'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 )
=	4723.769	/ (	(455.73	+	437.312)	/	2 )
=	4723.769	/	446.521
=	10.58

Acer Gaming's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	2212.276	/ (	(354.375	+	437.312)	/	2 )
=	2212.276	/	395.8435
=	5.59

Acer Gaming (ROCO:6908) 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.

Acer Gaming Receivables Turnover Related Terms

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Acer Gaming (ROCO:6908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Acer Gaming Inc (ROCO:6908) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxing North Road, 7th Floor-5, 369, Taipei City, TWN, 10541

Website

https://www.acergaming.com

Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals.

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