Woojin I&S Co (XKRX:010400) Receivables Turnover : 1.30 (As of Sep. 2024)

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What is Woojin I&S Co 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. Woojin I&S Co's Revenue for the three months ended in Sep. 2024 was ₩40,749 Mil. Woojin I&S Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩31,244 Mil. Hence, Woojin I&S Co's Receivables Turnover for the three months ended in Sep. 2024 was 1.30.

Woojin I&S Co Receivables Turnover Historical Data

The historical data trend for Woojin I&S Co'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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Woojin I&S Co Receivables Turnover Chart

Woojin I&S Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.52

4.77

4.72

4.32

4.71

Woojin I&S Co 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															1.40	1.29	1.19	1.31	1.30

Competitive Comparison of Woojin I&S Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Woojin I&S Co'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.

Woojin I&S Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Woojin I&S Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Woojin I&S Co's Receivables Turnover falls into.

Woojin I&S Co Receivables Turnover Calculation

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

Woojin I&S Co'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 )
=	100168.756	/ (	(22017.391	+	20494.864)	/	2 )
=	100168.756	/	21256.1275
=	4.71

Woojin I&S Co'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 )
=	40749.437	/ (	(33193.545	+	29294.916)	/	2 )
=	40749.437	/	31244.2305
=	1.30

Woojin I&S Co (XKRX:010400) 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.

Woojin I&S Co Receivables Turnover Related Terms

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Woojin I&S Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Woojin I&S Co Ltd (XKRX:010400) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

166, Bangbae-ro, 3rd Floor, Hanseung Building, 875-2, Bangbae-dong, Seocho-gu, Seoul, KOR

Website

http://www.woojini.com

Woojin I&S Co Ltd is a Korean company that develops the facility for machinery equipment production and construction including semiconductor special facility and large construction facility. Its products offerings include Semi-con duct, hook-up, system duct, rotoflon lining, spiral duct, and TDF duct. Its also offers coatings including fluororesin coating, ETFE coating, CPT Coating, and rotoflon lining.

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