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Wins Co.Ltd (XKRX:136540) Receivables Turnover : 1.66 (As of Mar. 2024)


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What is Wins Co.Ltd 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. Wins Co.Ltd's Revenue for the three months ended in Mar. 2024 was ₩23,745 Mil. Wins Co.Ltd's average Accounts Receivable for the three months ended in Mar. 2024 was ₩14,261 Mil. Hence, Wins Co.Ltd's Receivables Turnover for the three months ended in Mar. 2024 was 1.66.


Wins Co.Ltd Receivables Turnover Historical Data

The historical data trend for Wins Co.Ltd'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.

Wins Co.Ltd Receivables Turnover Chart

Wins Co.Ltd 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 4.45 6.27 6.30 5.40 6.39

Wins Co.Ltd 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 1.24 2.76 2.03 3.32 1.66

Competitive Comparison of Wins Co.Ltd's Receivables Turnover

For the Information Technology Services subindustry, Wins Co.Ltd'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.


Wins Co.Ltd's Receivables Turnover Distribution in the Software Industry

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

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



Wins Co.Ltd Receivables Turnover Calculation

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

Wins Co.Ltd'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 )
=106854.538 / ((19186.966 + 14260.999) / 2 )
=106854.538 / 16723.9825
=6.39

Wins Co.Ltd'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 )
=23744.5 / ((14260.999 + 0) / 1 )
=23744.5 / 14260.999
=1.66

* 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.


Wins Co.Ltd  (XKRX:136540) 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.


Wins Co.Ltd Receivables Turnover Related Terms

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Wins Co.Ltd (XKRX:136540) Business Description

Traded in Other Exchanges
N/A
Address
228, Pangyo-ro, 15 Pangyo Seven Venture Valley, Bundang-gu, Gyeonggi-do, 4th Floor, Winsu- dong, Seongnam, Gyeonggi, KOR, 463-400
Wins Co.Ltd is an information protection company. It develops information security solution, and network security software. It operates in the field of network security and provides intrusion prevention system, DDoS attack countermeasure solution, intelligent attack countermeasure solution, integrated threat management solution, and firewall. Its also offers services such as security control, consulting..

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