Uangel (XKRX:072130) Receivables Turnover : 3.37 (As of Dec. 2023)

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What is Uangel 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. Uangel's Revenue for the three months ended in Dec. 2023 was ₩12,037 Mil. Uangel's average Accounts Receivable for the three months ended in Dec. 2023 was ₩3,576 Mil. Hence, Uangel's Receivables Turnover for the three months ended in Dec. 2023 was 3.37.

Uangel Receivables Turnover Historical Data

The historical data trend for Uangel'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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Uangel Receivables Turnover Chart

Uangel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.76

4.89

8.26

9.34

10.38

Uangel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.83	1.77	1.98	2.24	3.37

Competitive Comparison of Uangel's Receivables Turnover

For the Telecom Services subindustry, Uangel'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.

Uangel's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Uangel's Receivables Turnover distribution charts can be found below:

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

Uangel Receivables Turnover Calculation

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

Uangel'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 )
=	36639.039	/ (	(3760.007	+	3299.691)	/	2 )
=	36639.039	/	3529.849
=	10.38

Uangel's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	12037.309	/ (	(3851.918	+	3299.691)	/	2 )
=	12037.309	/	3575.8045
=	3.37

Uangel (XKRX:072130) 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.

Uangel Receivables Turnover Related Terms

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Uangel (XKRX:072130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Uangel Corp (XKRX:072130) » Definitions » Receivables Turnover

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Address

10F, Hyundai Office Bldg, 9-4, Soonae-Dong, Bundang-Gu, Seongnam, Gyeonggi, KOR, 463-020

Website

http://www.uangel.com

Uangel Corp provides mobile network, IoT, service platform, and edutech solutions in South Korea and internationally. It develops various commercial core solutions for local mobile communication services, including 4G LTE and IoT services. The company's mobile network solutions include unified IP multimedia subsystem, next generation intelligent network, integrated signaling controller, policy and charging control, convergence billing, and messaging solutions, as well as multimedia broadcast/multicast services for LTE and public safety-LTE.

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