Visual Photonics Epitaxy Co (TPE:2455) Receivables Turnover : 1.75 (As of Jun. 2024)

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What is Visual Photonics Epitaxy 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. Visual Photonics Epitaxy Co's Revenue for the three months ended in Jun. 2024 was NT$876 Mil. Visual Photonics Epitaxy Co's average Accounts Receivable for the three months ended in Jun. 2024 was NT$501 Mil. Hence, Visual Photonics Epitaxy Co's Receivables Turnover for the three months ended in Jun. 2024 was 1.75.

Visual Photonics Epitaxy Co Receivables Turnover Historical Data

The historical data trend for Visual Photonics Epitaxy 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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Visual Photonics Epitaxy Co Receivables Turnover Chart

Visual Photonics Epitaxy Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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5.48

6.43

5.41

6.89

5.96

Visual Photonics Epitaxy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															1.53	2.12	1.73	1.52	1.75

Competitive Comparison of Visual Photonics Epitaxy Co's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Visual Photonics Epitaxy 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.

Visual Photonics Epitaxy Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Visual Photonics Epitaxy Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Visual Photonics Epitaxy Co's Receivables Turnover falls into.

Visual Photonics Epitaxy Co Receivables Turnover Calculation

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

Visual Photonics Epitaxy Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	2603.629	/ (	(584.451	+	288.539)	/	2 )
=	2603.629	/	436.495
=	5.96

Visual Photonics Epitaxy Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	875.601	/ (	(545.64	+	456.116)	/	2 )
=	875.601	/	500.878
=	1.75

Visual Photonics Epitaxy Co (TPE:2455) 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.

Visual Photonics Epitaxy Co Receivables Turnover Related Terms

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Visual Photonics Epitaxy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Visual Photonics Epitaxy Co Ltd (TPE:2455) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Gongye 1st Road, Pingzhen Industrial Zone, Pingzhen District, Taoyuan, TWN, 324

Website

http://www.vpec.com.tw

Visual Photonics Epitaxy Co Ltd is a Taiwan-based company that is principally engaged in developing, producing, and marketing photoelectric semiconductor epitaxial chips and components. The company's products are used to provide solutions for wireless communications, optical fiber communications, and solar cell applications. The company's products consist of GaAs Heterojunction Bipolar Transistor epi wafer, Low turn-on voltage gaAsSb HBT epi wafers, High-voltage gaAs HBT epi wafer, and InP HBT epi wafers among others. The company generates the majority of its revenue from Taiwan followed by the United States and other regions.

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