Advanced Micro-fabrication Equipment (SHSE:688012) Receivables Turnover : 1.13 (As of Mar. 2024)

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What is Advanced Micro-fabrication Equipment 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. Advanced Micro-fabrication Equipment's Revenue for the three months ended in Mar. 2024 was ¥1,605 Mil. Advanced Micro-fabrication Equipment's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,419 Mil. Hence, Advanced Micro-fabrication Equipment's Receivables Turnover for the three months ended in Mar. 2024 was 1.13.

Advanced Micro-fabrication Equipment Receivables Turnover Historical Data

The historical data trend for Advanced Micro-fabrication Equipment'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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Advanced Micro-fabrication Equipment Receivables Turnover Chart

Advanced Micro-fabrication Equipment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.21

8.03

7.89

8.41

7.02

Advanced Micro-fabrication Equipment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.62	1.56	1.65	2.00	1.13

Competitive Comparison of Advanced Micro-fabrication Equipment's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's Receivables Turnover falls into.

Advanced Micro-fabrication Equipment Receivables Turnover Calculation

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

Advanced Micro-fabrication Equipment'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 )
=	6263.514	/ (	(618.77	+	1164.908)	/	2 )
=	6263.514	/	891.839
=	7.02

Advanced Micro-fabrication Equipment'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 )
=	1605.024	/ (	(1164.908	+	1673.445)	/	2 )
=	1605.024	/	1419.1765
=	1.13

Advanced Micro-fabrication Equipment (SHSE:688012) 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.

Advanced Micro-fabrication Equipment Receivables Turnover Related Terms

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Advanced Micro-fabrication Equipment (SHSE:688012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Micro-fabrication Equipment Inc (SHSE:688012) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201

Website

http://www.amec-inc.com

Advanced Micro-fabrication Equipment Inc is engaged in the development, production and sales of equipment such as plasma etching equipment, deep silicon etching equipment and MOCVD equipment for microelectronic devices such as integrated circuits and LED chips.

Advanced Micro-fabrication Equipment (SHSE:688012) Headlines

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