Kweather Co (XKRX:068100) Receivables Turnover : 2.81 (As of Sep. 2024)

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What is Kweather 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. Kweather Co's Revenue for the three months ended in Sep. 2024 was ₩3,530 Mil. Kweather Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩1,255 Mil. Hence, Kweather Co's Receivables Turnover for the three months ended in Sep. 2024 was 2.81.

Kweather Co Receivables Turnover Historical Data

The historical data trend for Kweather 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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Kweather Co Receivables Turnover Chart

Kweather Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

7.58

9.04

17.41

8.41

Kweather Co Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial			1.06	1.49	1.06	1.67	2.81

Competitive Comparison of Kweather Co's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Kweather 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.

Kweather Co's Receivables Turnover Distribution in the Hardware Industry

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

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

Kweather Co Receivables Turnover Calculation

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

Kweather 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 )
=	14688.006	/ (	(913.395	+	2579.936)	/	2 )
=	14688.006	/	1746.6655
=	8.41

Kweather 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 )
=	3530.316	/ (	(1566.123	+	944.105)	/	2 )
=	3530.316	/	1255.114
=	2.81

Kweather Co (XKRX:068100) 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.

Kweather Co Receivables Turnover Related Terms

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Kweather Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kweather Co Ltd (XKRX:068100) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5, Digital-ro 26-gil, Guro-gu, Ace High-end Tower 1st 401, Seoul, KOR, 08389

Website

http://www.kweather.co.kr

Kweather Co Ltd is engaged in the business of manufacturing and selling air measurement solutions, air improvement solutions, and weather, air data services.

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