Nobland International (XKRX:145170) Receivables Turnover : 1.86 (As of Mar. 2025)

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What is Nobland International 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. Nobland International's Revenue for the three months ended in Mar. 2025 was ₩163,204 Mil. Nobland International's average Accounts Receivable for the three months ended in Mar. 2025 was ₩87,936 Mil. Hence, Nobland International's Receivables Turnover for the three months ended in Mar. 2025 was 1.86.

Nobland International Receivables Turnover Historical Data

The historical data trend for Nobland International'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.

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Nobland International Receivables Turnover Chart

Nobland International Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

7.01

7.13

8.55

7.52

7.04

Nobland International Quarterly Data
	Dec20	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial					1.30	1.74	1.89	1.57	1.86

Competitive Comparison of Nobland International's Receivables Turnover

For the Apparel Manufacturing subindustry, Nobland International'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.

Nobland International's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nobland International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nobland International's Receivables Turnover falls into.

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Nobland International Receivables Turnover Calculation

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

Nobland International's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	546244.869	/ (	(67353.069	+	87936.165)	/	2 )
=	546244.869	/	77644.617
=	7.04

Nobland International's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	163203.541	/ (	(87936.165	+	0)	/	1 )
=	163203.541	/	87936.165
=	1.86

Nobland International (XKRX:145170) 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.

Nobland International Receivables Turnover Related Terms

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Nobland International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nobland International Inc (XKRX:145170) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Ogeumro 46 Gil, Nobland B/D 49, Songpagu, Seoul, KOR, 05785

Website

http://www.nobland.com

Nobland International Inc is a Korea-based apparel manufacturing company. The company manufactures, cuts, and sews knitted and woven wear products for New York-based Designer Brand. The company allows collaboration and customization services to tailor needs of client group with the help of its Full Service Vendor Model.

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