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. Korshynov Mining Plant PJSC's Revenue for the
three
months ended in Sep. 2023 was ₽957.4 Mil. Korshynov Mining Plant PJSC's average Accounts Receivable for the
three
months ended in Sep. 2023 was ₽45.5 Mil.
Hence, Korshynov Mining Plant PJSC's Receivables Turnover for the
three
months ended in Sep. 2023 was 21.06.
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.
Korshynov Mining Plant PJSC Receivables Turnover Related Terms
Korshynov Mining Plant PJSC Receivables Turnover Historical Data
* 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.
MIC:KOGK vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Korshynov Mining Plant PJSC'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.
Korshynov Mining Plant PJSC Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Korshynov Mining Plant PJSC's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Korshynov Mining Plant PJSC's Receivables Turnover falls into.
* 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.
Korshynov Mining Plant PJSC (MIC:KOGK) has a Receivables Turnover of 21.06 as of Sep. 2023. The accounts 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. View historical data on Korshynov Mining Plant PJSC and its competitors.
Is Korshynov Mining Plant PJSC's Receivables Turnover too high?
Korshynov Mining Plant PJSC's current Receivables Turnover is 21.06. The Steel industry median Receivables Turnover is 7.16. Korshynov Mining Plant PJSC's value of 21.06 is 194.1% above this industry median. Overall, Korshynov Mining Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Korshynov Mining Plant PJSC's Receivables Turnover compare to NUE and STLD?
Korshynov Mining Plant PJSC's Receivables Turnover of 21.06 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.16. Korshynov Mining Plant PJSC's value of 21.06 is 194.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Steel company?
The median Receivables Turnover among Steel companies is 7.16, based on 605 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korshynov Mining Plant PJSC's current Receivables Turnover of 21.06 is 194.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Korshynov Mining Plant PJSC and its competitors. For the Steel industry, the median Receivables Turnover is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korshynov Mining Plant PJSC's current Receivables Turnover is 21.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korshynov Mining Plant PJSC stock overvalued right now?
Korshynov Mining Plant PJSC (MIC:KOGK) has a current Receivables Turnover of 21.06. The current Receivables Turnover is 21.06 and 194.1% above the Steel industry median of 7.16. Korshynov Mining Plant PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Korshynov Mining Plant PJSC (MIC:KOGK), the current Receivables Turnover is 21.06 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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