GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » E-Future Co Ltd (XKRX:134060) » Definitions » Receivables Turnover

E-Future Co (XKRX:134060) Receivables Turnover : 0.63 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is E-Future 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. E-Future Co's Revenue for the three months ended in Mar. 2024 was ₩2,889 Mil. E-Future Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩4,617 Mil. Hence, E-Future Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.63.


E-Future Co Receivables Turnover Historical Data

The historical data trend for E-Future 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.

E-Future Co Receivables Turnover Chart

E-Future 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 2.34 2.23 2.64 3.09 2.53

E-Future 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 0.71 0.65 0.55 0.84 0.63

Competitive Comparison of E-Future Co's Receivables Turnover

For the Publishing subindustry, E-Future 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.


E-Future Co's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, E-Future Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where E-Future Co's Receivables Turnover falls into.



E-Future Co Receivables Turnover Calculation

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

E-Future 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 )
=10499.382 / ((3840.835 + 4456.283) / 2 )
=10499.382 / 4148.559
=2.53

E-Future 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 )
=2889.177 / ((4456.283 + 4777.269) / 2 )
=2889.177 / 4616.776
=0.63

* 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.


E-Future Co  (XKRX:134060) 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.


E-Future Co Receivables Turnover Related Terms

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


E-Future Co (XKRX:134060) Business Description

Traded in Other Exchanges
N/A
Address
91 Baekjegobun-ro, 4th Floor, LK Building, Songpa-gu, Seoul, KOR, 05562
E-Future Co Ltd is a ELT publisher. It is engages in th education business. The company operates academies for the students of all ages and provides various education contents through internet. The company is focused on developing internet-based ELT programs.

E-Future Co (XKRX:134060) Headlines

No Headlines