GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eco Volt Co Ltd (XKRX:097780) » Definitions » Receivables Turnover

Eco Volt Co (XKRX:097780) Receivables Turnover : 1.26 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Eco Volt 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. Eco Volt Co's Revenue for the three months ended in Mar. 2024 was ₩59,721 Mil. Eco Volt Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩47,319 Mil. Hence, Eco Volt Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.26.


Eco Volt Co Receivables Turnover Historical Data

The historical data trend for Eco Volt 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.

Eco Volt Co Receivables Turnover Chart

Eco Volt 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 4.16 8.24 4.26 4.99 4.71

Eco Volt Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.51 1.44 1.37 0.06 1.26

Competitive Comparison of Eco Volt Co's Receivables Turnover

For the Electronic Components subindustry, Eco Volt 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.


Eco Volt Co's Receivables Turnover Distribution in the Hardware Industry

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

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



Eco Volt Co Receivables Turnover Calculation

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

Eco Volt 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 )
=180164.482 / ((28711.45 + 47806.361) / 2 )
=180164.482 / 38258.9055
=4.71

Eco Volt Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=59721.356 / ((47806.361 + 46832.212) / 2 )
=59721.356 / 47319.2865
=1.26

* 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.


Eco Volt Co  (XKRX:097780) 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.


Eco Volt Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Eco Volt Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Eco Volt Co (XKRX:097780) Business Description

Traded in Other Exchanges
N/A
Address
241, Sandan-ro, Gyeonggi-do, Pyeongtaek, KOR
S-Mac Co Ltd is a South Korea based company engages in the development and manufacturing of touch modules and key modules for wireless communication devices. Its products are used in mobile phones, tablets, and laptops/AIOs, as well as in automotive and other applications.

Eco Volt Co (XKRX:097780) Headlines

No Headlines