Uni Travel Services Co (ROCO:6961) Receivables Turnover : 89.93 (As of Dec. 2023)

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What is Uni Travel Services 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. Uni Travel Services Co's Revenue for the six months ended in Dec. 2023 was NT$1,829 Mil. Uni Travel Services Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$20 Mil. Hence, Uni Travel Services Co's Receivables Turnover for the six months ended in Dec. 2023 was 89.93.

Uni Travel Services Co Receivables Turnover Historical Data

The historical data trend for Uni Travel Services 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.

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Uni Travel Services Co Receivables Turnover Chart

Uni Travel Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

193.76

23.17

47.00

190.35

Uni Travel Services Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	44.74	20.22	75.06	89.93

Competitive Comparison of Uni Travel Services Co's Receivables Turnover

For the Travel Services subindustry, Uni Travel Services 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.

Uni Travel Services Co's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Uni Travel Services Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Uni Travel Services Co's Receivables Turnover falls into.

Uni Travel Services Co Receivables Turnover Calculation

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

Uni Travel Services Co'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 )
=	2822.149	/ (	(7.726	+	21.926)	/	2 )
=	2822.149	/	14.826
=	190.35

Uni Travel Services Co'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 )
=	1828.668	/ (	(18.744	+	21.926)	/	2 )
=	1828.668	/	20.335
=	89.93

Uni Travel Services Co (ROCO:6961) 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.

Uni Travel Services Co Receivables Turnover Related Terms

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Uni Travel Services Co (ROCO:6961) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Uni Travel Services Co Ltd (ROCO:6961) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 151, Shitan Road, 4th Floor, Neihu District, Taipei City, TWN

Website

https://www.gounitravel.com

Uni Travel Services Co Ltd is engaged in the traveling business. The firm is mainly engaged in arranging domestic and overseas sightseeing services.

Uni Travel Services Co (ROCO:6961) Headlines

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