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Jeju Beer Co (XKRX:276730) Receivables Turnover : 2.40 (As of Mar. 2024)


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What is Jeju Beer 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. Jeju Beer Co's Revenue for the three months ended in Mar. 2024 was ₩5,030 Mil. Jeju Beer Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩2,093 Mil. Hence, Jeju Beer Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.40.


Jeju Beer Co Receivables Turnover Historical Data

The historical data trend for Jeju Beer 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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Jeju Beer Co Receivables Turnover Chart

Jeju Beer Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
6.73 12.17 12.10 11.64

Jeju Beer Co Quarterly Data
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 2.49 2.63 2.57 2.29 2.40

Competitive Comparison of Jeju Beer Co's Receivables Turnover

For the Beverages - Brewers subindustry, Jeju Beer 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.


Jeju Beer Co's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jeju Beer Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jeju Beer Co's Receivables Turnover falls into.



Jeju Beer Co Receivables Turnover Calculation

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

Jeju Beer Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=23969.943 / ((2312.687 + 1805.118) / 2 )
=23969.943 / 2058.9025
=11.64

Jeju Beer 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 )
=5029.802 / ((2221.089 + 1964.411) / 2 )
=5029.802 / 2092.75
=2.40

* 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.


Jeju Beer Co  (XKRX:276730) 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.


Jeju Beer Co Receivables Turnover Related Terms

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Jeju Beer Co (XKRX:276730) Business Description

Traded in Other Exchanges
N/A
Address
Agricultural Road 62-11, 228 Dong Dong, 38 Building, 6th Floor, Jung-gu, Seoul, KOR
Jeju Beer Co Ltd is engaged in the alcoholic beverage manufacturing industry.

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