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Pungkang Co (XKRX:093380) Receivables Turnover : 1.42 (As of Feb. 2025)


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What is Pungkang 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. Pungkang Co's Revenue for the three months ended in Feb. 2025 was ₩21,950 Mil. Pungkang Co's average Accounts Receivable for the three months ended in Feb. 2025 was ₩15,421 Mil. Hence, Pungkang Co's Receivables Turnover for the three months ended in Feb. 2025 was 1.42.


Pungkang Co Receivables Turnover Historical Data

The historical data trend for Pungkang 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.

Pungkang Co Receivables Turnover Chart

Pungkang Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 6.96 6.06 6.42 6.34

Pungkang Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.64 1.69 1.47 1.56 1.42

Competitive Comparison of Pungkang Co's Receivables Turnover

For the Auto Parts subindustry, Pungkang 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.


Pungkang Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pungkang Co's Receivables Turnover distribution charts can be found below:

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


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Pungkang Co Receivables Turnover Calculation

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

Pungkang Co's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=93027.836 / ((15467.974 + 13898.389) / 2 )
=93027.836 / 14683.1815
=6.34

Pungkang Co's Receivables Turnover for the quarter that ended in Feb. 2025 is calculated as

Receivables Turnover (Q: Feb. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2025 ) / ((Accounts Receivable (Q: Nov. 2024 ) + Accounts Receivable (Q: Feb. 2025 )) / count )
=21949.985 / ((15017.561 + 15824.739) / 2 )
=21949.985 / 15421.15
=1.42

* 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.


Pungkang Co  (XKRX:093380) 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.


Pungkang Co Receivables Turnover Related Terms

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Pungkang Co Business Description

Traded in Other Exchanges
N/A
Address
745 Namyangman-ro, Ujeong-eup, Gyeonggi, Hwasung-si, KOR
Pungkang Co Ltd is a South Korea based company engaged in manufacturing and selling automotive parts. Its products include weld nuts, lock nuts, flange nuts, wheel nuts, plate nuts, conical nuts, and hex nuts. The company supplies its products to automobile manufacturers, such as Hyundai Motor, Kia Motors, and Daewoo Motor.

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