HANJIN KAL (XKRX:180640) Receivables Turnover : 1.04 (As of Mar. 2024)

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What is HANJIN KAL 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. HANJIN KAL's Revenue for the three months ended in Mar. 2024 was ₩69,758 Mil. HANJIN KAL's average Accounts Receivable for the three months ended in Mar. 2024 was ₩66,952 Mil. Hence, HANJIN KAL's Receivables Turnover for the three months ended in Mar. 2024 was 1.04.

HANJIN KAL Receivables Turnover Historical Data

The historical data trend for HANJIN KAL'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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HANJIN KAL Receivables Turnover Chart

HANJIN KAL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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22.97

12.71

11.13

10.96

10.72

HANJIN KAL 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															1.07	1.09	2.64	2.31	1.04

Competitive Comparison of HANJIN KAL's Receivables Turnover

For the Integrated Freight & Logistics subindustry, HANJIN KAL'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.

HANJIN KAL's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, HANJIN KAL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HANJIN KAL's Receivables Turnover falls into.

HANJIN KAL Receivables Turnover Calculation

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

HANJIN KAL'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 )
=	275726.818	/ (	(21819.273	+	29644.892)	/	2 )
=	275726.818	/	25732.0825
=	10.72

HANJIN KAL'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 )
=	69758.193	/ (	(29644.892	+	104258.187)	/	2 )
=	69758.193	/	66951.5395
=	1.04

HANJIN KAL (XKRX:180640) 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.

HANJIN KAL Receivables Turnover Related Terms

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HANJIN KAL (XKRX:180640) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » HANJIN KAL Corp (XKRX:180640) » Definitions » Receivables Turnover

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18064K:Korea

Address

Namdaemun-ro, Hanjin New Building 63, 20th Floor Gangseo-gu, Jung-gu, Seoul, KOR

Website

http://www.hanjin.co.kr

HANJIN KAL Corp is a Korean-based an integrated shipping and logistics company. It provides differentiated service of logistics which includes third party logistics, global express, shipping, contract logistics, forwarding, stevedoring, moving, packing, warehousing, packaging and moving, heavy cargo transportation, small package delivery, among others. Business operations of the company are functioned through Austria, Czech, Russia, China, Japan, Korea, U.S.A., Cambodia, Indonesia, Myanmar, Vietnam, Hong Kong, and Uzbekistan.

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