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Ultra Construction & Engineering Co (XKRX:004320) Receivables Turnover : 2.96 (As of Dec. 2016)


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What is Ultra Construction & Engineering 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. Ultra Construction & Engineering Co's Revenue for the three months ended in Dec. 2016 was ₩41,583 Mil. Ultra Construction & Engineering Co's average Accounts Receivable for the three months ended in Dec. 2016 was ₩14,066 Mil. Hence, Ultra Construction & Engineering Co's Receivables Turnover for the three months ended in Dec. 2016 was 2.96.

Ultra Construction & Engineering Co Receivables Turnover Historical Data

The historical data trend for Ultra Construction & Engineering 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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Ultra Construction & Engineering Co Receivables Turnover Chart

Ultra Construction & Engineering Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 8.26 3.15 3.26 4.96

Ultra Construction & Engineering Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16
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 - 1.25 1.20 1.06 2.96

Competitive Comparison of Ultra Construction & Engineering Co's Receivables Turnover

For the Engineering & Construction subindustry, Ultra Construction & Engineering 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.

Ultra Construction & Engineering Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ultra Construction & Engineering Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ultra Construction & Engineering Co's Receivables Turnover falls into.


Ultra Construction & Engineering Co Receivables Turnover Calculation

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

Ultra Construction & Engineering Co's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=107419.856 / ((30821.694 + 12534.284) / 2 )
=107419.856 / 21677.989
=4.96

Ultra Construction & Engineering Co's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Sep. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=41583.215 / ((15598.377 + 12534.284) / 2 )
=41583.215 / 14066.3305
=2.96

* 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.

Ultra Construction & Engineering Co  (XKRX:004320) 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.

Ultra Construction & Engineering Co Receivables Turnover Related Terms

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Ultra Construction & Engineering Co (XKRX:004320) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ultra Construction & Engineering Co Ltd (XKRX:004320) » Definitions » Receivables Turnover
Comparable Companies
WAR:ENP LSE:RHL JSE:GRF BOM:532869 WAR:EBX NSE:UNIVASTU WAR:ATR XKLS:7170 XKLS:0109 WAR:BPX SFHI HKSE:08360 SGX:BBP LSE:MOGP SGX:5DL BOM:533605 BSP:CALI4 LSE:ASH SGX:BLL FRA:PCP
Traded in Other Exchanges
N/A
Address
Website
http://www.ultracons.com
Ultra Construction & Engineering Co., Ltd. offers construction & engineering services. The Company operates through three business divisions: - Civil work, Building work, & Plants work & constructs bridges, roads & sewage treatment plants, among others.

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