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Daou Data (XKRX:032190) Receivables Turnover : 25.99 (As of Mar. 2024)


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What is Daou Data 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. Daou Data's Revenue for the three months ended in Mar. 2024 was ₩2,850,320 Mil. Daou Data's average Accounts Receivable for the three months ended in Mar. 2024 was ₩109,649 Mil. Hence, Daou Data's Receivables Turnover for the three months ended in Mar. 2024 was 25.99.


Daou Data Receivables Turnover Historical Data

The historical data trend for Daou Data'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.

Daou Data Receivables Turnover Chart

Daou Data 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 47.73 68.15 82.26 110.43 101.51

Daou Data 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 37.08 29.62 25.13 22.14 25.99

Competitive Comparison of Daou Data's Receivables Turnover

For the Information Technology Services subindustry, Daou Data'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.


Daou Data's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Daou Data's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Daou Data's Receivables Turnover falls into.



Daou Data Receivables Turnover Calculation

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

Daou Data'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 )
=10334025.111 / ((93950.436 + 109648.858) / 2 )
=10334025.111 / 101799.647
=101.51

Daou Data'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 )
=2850320.112 / ((109648.858 + 0) / 1 )
=2850320.112 / 109648.858
=25.99

* 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.


Daou Data  (XKRX:032190) 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.


Daou Data Receivables Turnover Related Terms

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Daou Data (XKRX:032190) Business Description

Traded in Other Exchanges
N/A
Address
Dongmakro 311 Jaehwa Square, 5th, 11th floo, Mapo-gu, Seoul, KOR, 04156
Daou Data Corp is engaged in the Information Technology industry. The company's business comprises of solution-based, specialized services and consulting businesses such as cloud, mobile, big data, and digital marketing. The company also owns payment services, such as a POS solution, franchise management service.

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