GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » HD Korea Shipbuilding & Offshore Engineering (XKRX:009540) » Definitions » Receivables Turnover

HD Korea Shipbuilding & Offshore Engineering (XKRX:009540) Receivables Turnover : 5.60 (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is HD Korea Shipbuilding & Offshore Engineering 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. HD Korea Shipbuilding & Offshore Engineering's Revenue for the three months ended in Sep. 2024 was ₩6,245,756 Mil. HD Korea Shipbuilding & Offshore Engineering's average Accounts Receivable for the three months ended in Sep. 2024 was ₩1,115,676 Mil. Hence, HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover for the three months ended in Sep. 2024 was 5.60.


HD Korea Shipbuilding & Offshore Engineering Receivables Turnover Historical Data

The historical data trend for HD Korea Shipbuilding & Offshore Engineering'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.

HD Korea Shipbuilding & Offshore Engineering Receivables Turnover Chart

HD Korea Shipbuilding & Offshore Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.97 14.67 18.50 22.94 24.74

HD Korea Shipbuilding & Offshore Engineering Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.93 6.03 5.28 6.36 5.60

Competitive Comparison of HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover

For the Aerospace & Defense subindustry, HD Korea Shipbuilding & Offshore Engineering'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.


HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover falls into.



HD Korea Shipbuilding & Offshore Engineering Receivables Turnover Calculation

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

HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=21296205.574 / ((672301.269 + 1049160.954) / 2 )
=21296205.574 / 860731.1115
=24.74

HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=6245755.748 / ((1039685.792 + 1191666.996) / 2 )
=6245755.748 / 1115676.394
=5.60

* 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.


HD Korea Shipbuilding & Offshore Engineering  (XKRX:009540) 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.


HD Korea Shipbuilding & Offshore Engineering Receivables Turnover Related Terms

Thank you for viewing the detailed overview of HD Korea Shipbuilding & Offshore Engineering's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


HD Korea Shipbuilding & Offshore Engineering Business Description

Traded in Other Exchanges
N/A
Address
75, Yulgok-ro, Jongno-gu, Seoul, KOR, 03058
HD Korea Shipbuilding & Offshore Engineering is one of the largest shipbuilding companies in the world. It has the capability to build various types of ships, including submarines, naval ships, and auxiliary service vessels. The company is an industrial conglomerate, and operates several business divisions including Shipbuilding, Offshore & Industrial Plant Engineering, Special & Naval Shipbuilding, Marine Engine & Machinery and Industrial Machinery & Energy.

HD Korea Shipbuilding & Offshore Engineering Headlines

No Headlines