Alpha and Omega Semiconductor Ltd (AOSL)

Receivables turnover

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Revenue (ttm)	US$ in thousands	657,274	657,503	640,003	663,478	691,321	723,755	794,434	798,993	777,552	760,902	726,875	692,386	656,902	601,988	539,628	498,658	464,909	454,370	456,585	453,650
Receivables	US$ in thousands	15,647	14,037	33,017	36,378	23,693	21,184	54,911	56,634	66,451	55,016	57,359	41,593	38,064	33,789	24,934	26,317	13,341	17,470	33,955	39,350
Receivables turnover		42.01	46.84	19.38	18.24	29.18	34.17	14.47	14.11	11.70	13.83	12.67	16.65	17.26	17.82	21.64	18.95	34.85	26.01	13.45	11.53

June 30, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $657,274K ÷ $15,647K
= 42.01

The receivables turnover ratio for Alpha and Omega Semiconductor Ltd has exhibited fluctuations over the past 20 quarters, ranging from a low of 11.53 to a high of 46.84.

The significant variability in the receivables turnover ratio indicates potential fluctuations in the company's collection efficiency and ability to convert credit sales into cash. In the recent quarters, there seems to be an upward trend in the ratio, suggesting an improvement in collecting receivables.

A high receivables turnover ratio, such as the one observed in March 2024 and June 2024, indicates that the company is efficiently collecting payments from its customers. Conversely, lower ratios, such as those observed in December 2022 and March 2022, may suggest slower collections or potential issues with credit management.

It is crucial for the company to closely monitor and manage its accounts receivable turnover to ensure timely collections and optimize cash flow. Analyzing trends in this ratio can provide insights into the company's credit policies, customer payment behavior, and overall financial health.