Seah Steel Holdings (XKRX:003030) Receivables Turnover : 1.73 (As of Dec. 2024)

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What is Seah Steel Holdings 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. Seah Steel Holdings's Revenue for the three months ended in Dec. 2024 was ₩922,598 Mil. Seah Steel Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was ₩534,559 Mil. Hence, Seah Steel Holdings's Receivables Turnover for the three months ended in Dec. 2024 was 1.73.

Seah Steel Holdings Receivables Turnover Historical Data

The historical data trend for Seah Steel Holdings'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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Seah Steel Holdings Receivables Turnover Chart

Seah Steel Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.19

5.99

7.01

6.71

6.66

Seah Steel Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.50	1.56	1.71	1.49	1.73

Competitive Comparison of Seah Steel Holdings's Receivables Turnover

For the Steel subindustry, Seah Steel Holdings'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.

Seah Steel Holdings's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Seah Steel Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Seah Steel Holdings's Receivables Turnover falls into.

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Seah Steel Holdings Receivables Turnover Calculation

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

Seah Steel Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	3675086.864	/ (	(567516.963	+	536201.029)	/	2 )
=	3675086.864	/	551858.996
=	6.66

Seah Steel Holdings's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	922597.686	/ (	(532917.303	+	536201.029)	/	2 )
=	922597.686	/	534559.166
=	1.73

Seah Steel Holdings (XKRX:003030) 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.

Seah Steel Holdings Receivables Turnover Related Terms

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Seah Steel Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Seah Steel Holdings (XKRX:003030) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

45, Yanghwa-ro, Mapo-gu, Seah Tower, 25/26/27th Floor, Seoul, KOR, 04036

Website

http://www.seahsteel.co.kr

Seah Steel Holdings is a Korean based company operates in the steel sector. The business activity of the group includes manufacturing of steel products such as carbon steel pipe, stainless steel pipe, titanium tube, galvanized color steel sheet and others. These products are used in wide range of areas such as oil refining, nuclear power plants, LNG vessels, marine plants and others. Geographically, the activities are carried out through the region of Korea and it drives revenue through the sale of products.

Seah Steel Holdings Headlines

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