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YMC Co (XKRX:155650) Receivables Turnover : 3.20 (As of Jun. 2024)


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What is YMC 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. YMC Co's Revenue for the three months ended in Jun. 2024 was ₩43,630 Mil. YMC Co's average Accounts Receivable for the three months ended in Jun. 2024 was ₩13,616 Mil. Hence, YMC Co's Receivables Turnover for the three months ended in Jun. 2024 was 3.20.


YMC Co Receivables Turnover Historical Data

The historical data trend for YMC 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.

YMC Co Receivables Turnover Chart

YMC 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 20.60 20.29 25.56 25.68 21.08

YMC Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.95 6.51 4.94 3.41 3.20

Competitive Comparison of YMC Co's Receivables Turnover

For the Electronic Components subindustry, YMC 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.


YMC Co's Receivables Turnover Distribution in the Hardware Industry

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

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



YMC Co Receivables Turnover Calculation

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

YMC 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 )
=204633.201 / ((9796.508 + 9614.979) / 2 )
=204633.201 / 9705.7435
=21.08

YMC Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=43629.88 / ((11842.249 + 15389.563) / 2 )
=43629.88 / 13615.906
=3.20

* 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.


YMC Co  (XKRX:155650) 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.


YMC Co Receivables Turnover Related Terms

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YMC Co Business Description

Traded in Other Exchanges
N/A
Address
154-25, Asan Valley Jungang-ro, Dunpo-myeon, Chungcheongnam-Do, Asan-si, KOR
YMC Co Ltd Manufacture of electronic components. It is engaged in manufacturing FPD panels for wiring materials and FPD process chambers. It offers columns, bulk packings, preparative LC systems, bio separation products, chiral technologies, and flow reactors; and contract purification services.

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