CNK International Co (XKRX:039530) Receivables Turnover : 1.01 (As of Dec. 2014)

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

What is CNK International 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. CNK International Co's Revenue for the three months ended in Dec. 2014 was ₩2,568 Mil. CNK International Co's average Accounts Receivable for the three months ended in Dec. 2014 was ₩2,534 Mil. Hence, CNK International Co's Receivables Turnover for the three months ended in Dec. 2014 was 1.01.

CNK International Co Receivables Turnover Historical Data

The historical data trend for CNK International 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.

CNK International Co Receivables Turnover Chart

CNK International Co Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Receivables Turnover

Get a 7-Day Free Trial

9.36

40.77

6.74

4.45

1.78

CNK International Co Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Receivables Turnover	Get a 7-Day Free Trial															2.82	0.18	0.25	0.30	1.01

Competitive Comparison of CNK International Co's Receivables Turnover

For the Broadcasting subindustry, CNK International 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.

CNK International Co's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CNK International Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CNK International Co's Receivables Turnover falls into.

CNK International Co Receivables Turnover Calculation

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

CNK International Co's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	4239.699	/ (	(2071.296	+	2690.863)	/	2 )
=	4239.699	/	2381.0795
=	1.78

CNK International Co's Receivables Turnover for the quarter that ended in Dec. 2014 is calculated as

	Receivables Turnover (Q: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2014 )	/ (	(Accounts Receivable (Q: Sep. 2014 )	+	Accounts Receivable (Q: Dec. 2014 ))	/	count )
=	2567.675	/ (	(2377.627	+	2690.863)	/	2 )
=	2567.675	/	2534.245
=	1.01

CNK International Co (XKRX:039530) 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.

CNK International Co Receivables Turnover Related Terms

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

CNK International Co (XKRX:039530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CNK International Co Ltd (XKRX:039530) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cnkinternational.co.kr

CNK International Co., Ltd. was established in 1990. The company processes imported gemstones and operates jewelry shops. In 2011, the company converted its business area from grocery manufacturer to metal mining industry.

CNK International Co (XKRX:039530) Headlines

No Headlines