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YES24 Co (XKRX:053280) Receivables Turnover : 7.37 (As of Mar. 2024)


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What is YES24 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. YES24 Co's Revenue for the three months ended in Mar. 2024 was ₩172,861 Mil. YES24 Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩23,467 Mil. Hence, YES24 Co's Receivables Turnover for the three months ended in Mar. 2024 was 7.37.


YES24 Co Receivables Turnover Historical Data

The historical data trend for YES24 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.

YES24 Co Receivables Turnover Chart

YES24 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 22.06 30.59 39.32 35.93 29.45

YES24 Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.50 - - 7.00 7.37

Competitive Comparison of YES24 Co's Receivables Turnover

For the Internet Retail subindustry, YES24 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.


YES24 Co's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, YES24 Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where YES24 Co's Receivables Turnover falls into.



YES24 Co Receivables Turnover Calculation

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

YES24 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 )
=657843.989 / ((21207.594 + 23467.293) / 2 )
=657843.989 / 22337.4435
=29.45

YES24 Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=172860.854 / ((23467.293 + 0) / 1 )
=172860.854 / 23467.293
=7.37

* 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.


YES24 Co  (XKRX:053280) 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.


YES24 Co Receivables Turnover Related Terms

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YES24 Co (XKRX:053280) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Hansum Building, 15 Yeouido-dong, Youngdeungpo, Seoul, KOR, 150-872
YES24 Co., Ltd. Is internet-based book, music CD, ticket distributor in Korea. The company was founded in 1999, and introduced a cutting-edge warehouse management system. It owns an online bookstore which controls 37% of publishing market.

YES24 Co (XKRX:053280) Headlines

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