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Samick Thk Co (XKRX:004380) Receivables Turnover : 1.02 (As of Mar. 2024)


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What is Samick Thk 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. Samick Thk Co's Revenue for the three months ended in Mar. 2024 was ₩82,497 Mil. Samick Thk Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩81,003 Mil. Hence, Samick Thk Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.02.


Samick Thk Co Receivables Turnover Historical Data

The historical data trend for Samick Thk 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.

* Premium members only.

Samick Thk Co Receivables Turnover Chart

Samick Thk Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 5.06 5.69 4.85 3.91

Samick Thk Co 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 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 0.99 1.19 0.98 0.97 1.02

Competitive Comparison of Samick Thk Co's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Samick Thk 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.


Samick Thk Co's Receivables Turnover Distribution in the Semiconductors Industry

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

* The bar in red indicates where Samick Thk Co's Receivables Turnover falls into.



Samick Thk Co Receivables Turnover Calculation

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

Samick Thk Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=315640.475 / ((81285.578 + 80066.338) / 2 )
=315640.475 / 80675.958
=3.91

Samick Thk Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=82496.896 / ((80066.338 + 81940.297) / 2 )
=82496.896 / 81003.3175
=1.02

* 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.


Samick Thk Co  (XKRX:004380) 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.


Samick Thk Co Receivables Turnover Related Terms

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Samick Thk Co (XKRX:004380) Business Description

Traded in Other Exchanges
N/A
Address
1005 Wolam-dong, Dalseo-gu, Daegu, KOR, 704-833
Samick THK Co Ltd is engaged in the manufacture and marketing of Linear Motion systems and mechatronic systems used in semiconductor & display equipment, industrial robot, machine tool, and other automation facilities.

Samick Thk Co (XKRX:004380) Headlines

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