Alpha and Omega Semiconductor Ltd (AOSL)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 696,161,678 | 680,974 | 666,399 | 658,528 | 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 |
| Receivables | US$ in thousands | 34,772 | 30,047 | 30,542 | 31,103 | 15,951 | 14,317 | 33,357 | 36,004 | 23,558 | 21,012 | 55,154 | 56,486 | 66,426 | 39,845 | 57,724 | 44,135 | 35,857 | 35,432 | 25,115 | 26,346 |
| Receivables turnover | 20,020.75 | 22.66 | 21.82 | 21.17 | 41.21 | 45.92 | 19.19 | 18.43 | 29.35 | 34.44 | 14.40 | 14.14 | 11.71 | 19.10 | 12.59 | 15.69 | 18.32 | 16.99 | 21.49 | 18.93 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $696,161,678K ÷ $34,772K
= 20,020.75
The receivables turnover ratio for Alpha and Omega Semiconductor Ltd demonstrates notable fluctuations over the analyzed periods. During the fiscal year ending September 30, 2020, the ratio stood at 18.93, indicating the company's receivables were collected approximately 19 times within the year. This ratio increased to 21.49 by December 31, 2020, reflecting a slight improvement in collection efficiency.
However, a decline was observed in the subsequent quarters, with the ratio decreasing to 16.99 by March 31, 2021, and further to 15.69 by September 30, 2021. The downward trend continued, culminating in a significant drop to a low of 12.59 as of December 31, 2021, suggestive of slower receivables collection during this period.
Starting from the fiscal quarter ending March 31, 2022, the ratio exhibited variability, rising back up to 19.10 and then dropping to a low of 11.71 by June 30, 2022. Post-2022, the ratio generally trended upward, reaching 14.14 and 14.40 at the end of 2022, indicating incremental improvements in receivables turnover.
A sharp increase was observed in the quarter ending March 31, 2023, where the ratio surged to 34.44, nearly doubling in comparison to prior periods, which may reflect either faster collection or accounting adjustments from prior periods. Subsequently, the ratio slightly decreased to 29.35 by June 30, 2023, and further to 18.43 in September 2023.
In the latest periods, the ratios continued to hover around pre-2022 levels, with 19.19 at December 31, 2023, and 21.17 at September 30, 2024. The ratio then increased significantly to 45.92 in March 2024, reaching an historic high, before decreasing to 41.21 and further to 21.17 in subsequent quarters. The ratio for the latest period ending June 30, 2024, is 41.21, indicating a marked improvement in collection efficiency in that quarter.
Overall, the receivables turnover ratio for Alpha and Omega Semiconductor Ltd has experienced periods of decline and recovery, indicating fluctuations in receivables collection efficiency. The recent high in March 2024 suggests a noteworthy phase of improved receivables management, while the subsequent decline points to variability that warrants ongoing monitoring.
Peer comparison
Jun 30, 2025