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KH Vatec Co (XKRX:060720) Receivables Turnover : 2.71 (As of Dec. 2024)


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What is KH Vatec 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. KH Vatec Co's Revenue for the three months ended in Dec. 2024 was ₩62,236 Mil. KH Vatec Co's average Accounts Receivable for the three months ended in Dec. 2024 was ₩22,958 Mil. Hence, KH Vatec Co's Receivables Turnover for the three months ended in Dec. 2024 was 2.71.


KH Vatec Co Receivables Turnover Historical Data

The historical data trend for KH Vatec 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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KH Vatec Co Receivables Turnover Chart

KH Vatec Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 15.20 14.47 21.46 16.38

KH Vatec Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.05 3.41 2.47 2.12 2.71

Competitive Comparison of KH Vatec Co's Receivables Turnover

For the Electronic Components subindustry, KH Vatec 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.


KH Vatec Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KH Vatec Co's Receivables Turnover distribution charts can be found below:

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


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KH Vatec Co Receivables Turnover Calculation

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

KH Vatec Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=311011.706 / ((14390.792 + 23578.875) / 2 )
=311011.706 / 18984.8335
=16.38

KH Vatec Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=62236.336 / ((22337.645 + 23578.875) / 2 )
=62236.336 / 22958.26
=2.71

* 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.


KH Vatec Co  (XKRX:060720) 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.


KH Vatec Co Receivables Turnover Related Terms

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KH Vatec Co Business Description

Traded in Other Exchanges
N/A
Address
293 Gongdan-dong, Gumi, Gyeongbuk, KOR, 730-906
KH Vatec Co Ltd is a South Korea-based company. It designs, manufactures, and sells electronic components. The company specializes in die casting of zinc-based components for application in telecommunication parts. Its product portfolio consists of an aluminum module, motion module, mobile accessories, light emitting diode lightning, and others.

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