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Sai Micro Electronics (SZSE:300456) Receivables Turnover : 0.47 (As of Mar. 2024)


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What is Sai Micro Electronics 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. Sai Micro Electronics's Revenue for the three months ended in Mar. 2024 was ¥270 Mil. Sai Micro Electronics's average Accounts Receivable for the three months ended in Mar. 2024 was ¥571 Mil. Hence, Sai Micro Electronics's Receivables Turnover for the three months ended in Mar. 2024 was 0.47.


Sai Micro Electronics Receivables Turnover Historical Data

The historical data trend for Sai Micro Electronics'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.

* Premium members only.

Sai Micro Electronics Receivables Turnover Chart

Sai Micro Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 2.38 4.01 4.15 3.39

Sai Micro Electronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.12 1.46 0.72 0.47

Competitive Comparison of Sai Micro Electronics's Receivables Turnover

For the Semiconductors subindustry, Sai Micro Electronics'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.


Sai Micro Electronics's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sai Micro Electronics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sai Micro Electronics's Receivables Turnover falls into.



Sai Micro Electronics Receivables Turnover Calculation

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

Sai Micro Electronics'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 )
=1299.683 / ((197.888 + 568.921) / 2 )
=1299.683 / 383.4045
=3.39

Sai Micro Electronics'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 )
=270.051 / ((568.921 + 573.679) / 2 )
=270.051 / 571.3
=0.47

* 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.


Sai Micro Electronics  (SZSE:300456) 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.


Sai Micro Electronics Receivables Turnover Related Terms

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Sai Micro Electronics (SZSE:300456) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Yumin Road, Room 2607, Block A, North Ring Center, Xicheng District, Beijing, CHN, 100029
Sai Micro Electronics Inc and its subsidiaries include MEMSChip process development and wafer manufacturing, It is also into research and development production of GaNExtension materials and chip design.
Executives
Zhou Jia Yu Executives
Cai Meng Executives
Yang Yun Chun Directors, executives
Zhang A Bin Directors, Directors, and Executives
Liu Jie Executives
Zhang Yun Peng Directors, executives
Liu Bo Securities Affairs Representative
Bai Shao Wu Executives
Zheng Yun Xia Supervisors
Ding Xin Chun Directors, executives

Sai Micro Electronics (SZSE:300456) Headlines

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