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Brainzcompany Co (XKRX:099390) Receivables Turnover : 2.42 (As of Sep. 2024)


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What is Brainzcompany 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. Brainzcompany Co's Revenue for the three months ended in Sep. 2024 was ₩5,263 Mil. Brainzcompany Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩2,175 Mil. Hence, Brainzcompany Co's Receivables Turnover for the three months ended in Sep. 2024 was 2.42.


Brainzcompany Co Receivables Turnover Historical Data

The historical data trend for Brainzcompany 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.

Brainzcompany Co Receivables Turnover Chart

Brainzcompany Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
4.68 4.40 4.00 4.09 4.81

Brainzcompany Co Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.56 2.64 1.01 2.41 2.42

Competitive Comparison of Brainzcompany Co's Receivables Turnover

For the Information Technology Services subindustry, Brainzcompany 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.


Brainzcompany Co's Receivables Turnover Distribution in the Software Industry

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

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



Brainzcompany Co Receivables Turnover Calculation

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

Brainzcompany 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 )
=25819.29 / ((4383.588 + 6355.094) / 2 )
=25819.29 / 5369.341
=4.81

Brainzcompany 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 )
=5262.875 / ((2367.523 + 1983.082) / 2 )
=5262.875 / 2175.3025
=2.42

* 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.


Brainzcompany Co  (XKRX:099390) 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.


Brainzcompany Co Receivables Turnover Related Terms

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Brainzcompany Co Business Description

Traded in Other Exchanges
N/A
Address
87 Seongsui-ro, 8th Floor, Seongmun Building, Seongdong-gu, Seoul, KOR, 04782
Brainzcompany Co Ltd provides integrated management of configuration/performance/failures of IT infrastructure such as servers, networks, DBs, and auxiliary facilities that constitute a heterogeneous and distributed IT environment.

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