Suppro Co (XKRX:185190) Receivables Turnover : 9.94 (As of Mar. 2024)

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What is Suppro 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. Suppro Co's Revenue for the six months ended in Mar. 2024 was ₩26,240 Mil. Suppro Co's average Accounts Receivable for the six months ended in Mar. 2024 was ₩2,640 Mil. Hence, Suppro Co's Receivables Turnover for the six months ended in Mar. 2024 was 9.94.

Suppro Co Receivables Turnover Historical Data

The historical data trend for Suppro 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.

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Suppro Co Receivables Turnover Chart

Suppro Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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10.93

8.67

6.08

4.97

9.94

Suppro Co Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			10.93	8.67	6.08	4.97	9.94

Competitive Comparison of Suppro Co's Receivables Turnover

For the Farm Products subindustry, Suppro 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.

Suppro Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Suppro Co's Receivables Turnover distribution charts can be found below:

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

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Suppro Co Receivables Turnover Calculation

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

Suppro Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	26240.462	/ (	(2927.214	+	2353.465)	/	2 )
=	26240.462	/	2640.3395
=	9.94

Suppro 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: Mar. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	26240.462	/ (	(2927.214	+	2353.465)	/	2 )
=	26240.462	/	2640.3395
=	9.94

Suppro Co (XKRX:185190) 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.

Suppro Co Receivables Turnover Related Terms

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Suppro Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suppro Co Ltd (XKRX:185190) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

27 Gangnam-daero, Seocho-gu, Seoul, CHN

Website

https://www.suppro.com

Suppro Co Ltd is engaged in tree distribution, afforestation and gardening production. It also undertakes domestic ecological restoration project, global ecological restoration project and agro park project.

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