U-Tech Media (TPE:3050) Receivables Turnover : 2.16 (As of Mar. 2024)

U-Tech Media Receivables Turnover Chart

U-Tech Media Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					8.13	8.06	7.57	8.15	8.90

U-Tech Media 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															1.88	2.02	2.26	1.88	2.16

Competitive Comparison of U-Tech Media's Receivables Turnover

For the Consumer Electronics subindustry, U-Tech Media'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.

U-Tech Media's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, U-Tech Media's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where U-Tech Media's Receivables Turnover falls into.

U-Tech Media Receivables Turnover Calculation

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

U-Tech Media's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

U-Tech Media's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

U-Tech Media  (TPE:3050) 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.

U-Tech Media Receivables Turnover Related Terms

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U-Tech Media (TPE:3050) Business Description