GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » e-STARCO Co Ltd (XKRX:015020) » Definitions » Receivables Turnover

e-STARCO Co (XKRX:015020) Receivables Turnover : 5.76 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is e-STARCO 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. e-STARCO Co's Revenue for the three months ended in Dec. 2023 was ₩2,653 Mil. e-STARCO Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩461 Mil. Hence, e-STARCO Co's Receivables Turnover for the three months ended in Dec. 2023 was 5.76.


e-STARCO Co Receivables Turnover Historical Data

The historical data trend for e-STARCO 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.

* Premium members only.

e-STARCO Co Receivables Turnover Chart

e-STARCO Co 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 22.80 8.60 9.45 11.22 27.04

e-STARCO Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.47 12.44 3.24 3.79 5.76

Competitive Comparison of e-STARCO Co's Receivables Turnover

For the Real Estate - Development subindustry, e-STARCO 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.


e-STARCO Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, e-STARCO Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where e-STARCO Co's Receivables Turnover falls into.



e-STARCO Co Receivables Turnover Calculation

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

e-STARCO 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 )
=13270.58 / ((540.059 + 441.531) / 2 )
=13270.58 / 490.795
=27.04

e-STARCO Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=2652.824 / ((480.331 + 441.531) / 2 )
=2652.824 / 460.931
=5.76

* 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.


e-STARCO Co  (XKRX:015020) 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.


e-STARCO Co Receivables Turnover Related Terms

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


e-STARCO Co (XKRX:015020) Business Description

Traded in Other Exchanges
N/A
Address
406-21, Mok 1-dong, 5F, Yangcheon-gu, Seoul, KOR
e-STARCO Co Ltd is a South Korean company engaged in offering real estate services. The company is into development and subdividing of residential buildings.

e-STARCO Co (XKRX:015020) Headlines

No Headlines