Wonpoong (XKRX:008370) Receivables Turnover : 1.58 (As of Mar. 2025)

View and export this data going back to 1996. Start your Free Trial

What is Wonpoong 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. Wonpoong's Revenue for the three months ended in Mar. 2025 was ₩23,788 Mil. Wonpoong's average Accounts Receivable for the three months ended in Mar. 2025 was ₩15,027 Mil. Hence, Wonpoong's Receivables Turnover for the three months ended in Mar. 2025 was 1.58.

Wonpoong Receivables Turnover Historical Data

The historical data trend for Wonpoong'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.

Wonpoong Receivables Turnover Chart

Wonpoong Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

6.00

6.55

7.05

6.57

6.50

Wonpoong Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.55	1.41	1.33	1.24	1.58

Competitive Comparison of Wonpoong's Receivables Turnover

For the Textile Manufacturing subindustry, Wonpoong'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.

Wonpoong's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wonpoong's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Wonpoong Receivables Turnover Calculation

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

Wonpoong'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 )
=	79609.135	/ (	(11621.223	+	12875.853)	/	2 )
=	79609.135	/	12248.538
=	6.50

Wonpoong's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	23788.091	/ (	(12875.853	+	17177.605)	/	2 )
=	23788.091	/	15026.729
=	1.58

Wonpoong (XKRX:008370) 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.

Wonpoong Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Wonpoong's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Wonpoong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wonpoong Corp (XKRX:008370) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Wonpoong Building 664-8 Deungchon-dong, Kangseo-Gu, Seoul, KOR

Website

http://www.wonpoong.co.kr

Wonpoong Corp is a Korea-based company engaged in the manufacturing of advertising fabrics. Its products consist of sing-ply roofing waterproofing materials under the brand name of SuperGuard, which are outdoor and indoor roofing membrane with pigments such as ultraviolet (UV) stabilizers, anti-fungicide, and others; digital printing media products under the brand name of AnySign AnyFlex, such as backlit, mesh, block out, polyskin, frontlit and others types; industrial fabrics under the brand name of Super Tarp as well as recycled materials under the brand name Innogreen.

Wonpoong Headlines

No Headlines