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Dreamus Co (XKRX:060570) Receivables Turnover : 3.19 (As of Sep. 2024)


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What is Dreamus 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. Dreamus Co's Revenue for the three months ended in Sep. 2024 was ₩75,024 Mil. Dreamus Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩23,535 Mil. Hence, Dreamus Co's Receivables Turnover for the three months ended in Sep. 2024 was 3.19.


Dreamus Co Receivables Turnover Historical Data

The historical data trend for Dreamus 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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Dreamus Co Receivables Turnover Chart

Dreamus 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 8.09 9.45 11.92 12.74 11.86

Dreamus 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 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 2.64 2.40 3.07 2.69 3.19

Competitive Comparison of Dreamus Co's Receivables Turnover

For the Entertainment subindustry, Dreamus 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.


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

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

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



Dreamus Co Receivables Turnover Calculation

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

Dreamus 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 )
=270330.896 / ((24131.266 + 21474.299) / 2 )
=270330.896 / 22802.7825
=11.86

Dreamus 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 )
=75024.187 / ((23237.883 + 23831.62) / 2 )
=75024.187 / 23534.7515
=3.19

* 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.


Dreamus Co  (XKRX:060570) 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.


Dreamus Co Receivables Turnover Related Terms

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Dreamus Co Business Description

Traded in Other Exchanges
N/A
Address
18, Bangbae-dong, Seocho-gu, Seoul, KOR, 06664
Dreamus Co, formerly Iriver Ltd is a Korea based company engaged in the manufacturing of various digital gadgets such as MP3 players. Its product offerings include CD player, digital voice recorder, e-book, electronic dictionary, smart devices, Bluetooth speakers, charger, earphones, among others.

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