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Cheil Industries (XKRX:001300) Receivables Turnover : 1.23 (As of Mar. 2016)


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What is Cheil Industries 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. Cheil Industries's Revenue for the three months ended in Mar. 2016 was ₩4,559,672 Mil. Cheil Industries's average Accounts Receivable for the three months ended in Mar. 2016 was ₩3,720,766 Mil. Hence, Cheil Industries's Receivables Turnover for the three months ended in Mar. 2016 was 1.23.


Cheil Industries Receivables Turnover Historical Data

The historical data trend for Cheil Industries'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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Cheil Industries Receivables Turnover Chart

Cheil Industries Annual Data
Trend Dec13 Dec14 Dec15
Receivables Turnover
4.58 5.04 3.75

Cheil Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 1.31 1.78 0.81 1.05 1.23

Competitive Comparison of Cheil Industries's Receivables Turnover

For the Chemicals subindustry, Cheil Industries'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.


Cheil Industries's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cheil Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cheil Industries's Receivables Turnover falls into.



Cheil Industries Receivables Turnover Calculation

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

Cheil Industries's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=8885125.467 / ((654791.688 + 4088761.389) / 2 )
=8885125.467 / 2371776.5385
=3.75

Cheil Industries's Receivables Turnover for the quarter that ended in Mar. 2016 is calculated as

Receivables Turnover (Q: Mar. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Mar. 2016 )) / count )
=4559672.269 / ((4088761.389 + 3352771.212) / 2 )
=4559672.269 / 3720766.3005
=1.23

* 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.


Cheil Industries  (XKRX:001300) 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.


Cheil Industries Receivables Turnover Related Terms

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Cheil Industries (XKRX:001300) Business Description

Traded in Other Exchanges
N/A
Address
Samsung C&T Corp was founded in 1938. The Company was formed from the merger of Samsung C&T Corporation ('Samsung C&T') and Cheil Industries Inc. The Company operates four business including engineering & construction, trading & investment, fashion and resort & construction. In the engineering & construction business it provides services including planning, design, purchasing, construction and management of buildings, civil infrastructure, power plants and housing & developments. The Company's trading & investment business includes trading of industrial commodities such as chemicals, steel and natural resources, and organizing projects such as power plant, renewable energy and infrastructure development. The Company also trades chemicals and industrial materials including fertilizer, mining chemicals, methanol and electronic materials, steel products including hot rolled steel, plate and automotive steel, and natural resources including coal and copper. It also operates palm plantation. The Company's fashion business is engaged in manufacturing and designing fashion products and offers brands including 8 Seconds, 10 Corso Como Seoul, Aann Demeulemeester, Beanpole Men, Beanpole Ladies, Beanpole Kids, Beanpole Golf, Beanpole Accessory, Beanpole Outdoor, Balmain, Beaker, Colombo, Comme Des Garcons, Galaxy, Giuseppe Zanotti, Kuho, Lansmere, Lebeige and Valextra. The Company's resort business is engaged in operating Everland & Caribbean Bay resorts and Golf Clubs; and also engaged in construction, plant, and landscaping businesses.

Cheil Industries (XKRX:001300) Headlines

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