Hanjoo Light Metal Co (XKRX:198940) Receivables Turnover : 1.50 (As of Mar. 2025)

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What is Hanjoo Light Metal 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. Hanjoo Light Metal Co's Revenue for the three months ended in Mar. 2025 was ₩62,199 Mil. Hanjoo Light Metal Co's average Accounts Receivable for the three months ended in Mar. 2025 was ₩41,350 Mil. Hence, Hanjoo Light Metal Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.50.

Hanjoo Light Metal Co Receivables Turnover Historical Data

The historical data trend for Hanjoo Light Metal 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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Hanjoo Light Metal Co Receivables Turnover Chart

Hanjoo Light Metal Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

5.96

6.12

6.48

5.79

6.15

Hanjoo Light Metal Co Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial											1.52	1.58	1.48	1.67	1.50

Competitive Comparison of Hanjoo Light Metal Co's Receivables Turnover

For the Auto Parts subindustry, Hanjoo Light Metal 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.

Hanjoo Light Metal Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hanjoo Light Metal Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hanjoo Light Metal Co's Receivables Turnover falls into.

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Hanjoo Light Metal Co Receivables Turnover Calculation

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

Hanjoo Light Metal Co'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 )
=	250764.377	/ (	(38412.722	+	43074.663)	/	2 )
=	250764.377	/	40743.6925
=	6.15

Hanjoo Light Metal Co'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 )
=	62198.704	/ (	(43074.663	+	39625.126)	/	2 )
=	62198.704	/	41349.8945
=	1.50

Hanjoo Light Metal Co (XKRX:198940) 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.

Hanjoo Light Metal Co Receivables Turnover Related Terms

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Hanjoo Light Metal Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hanjoo Light Metal Co Ltd (XKRX:198940) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

320 Hwasan-Ri Onsan-Eup, Ulju-Gun, Ulsan, KOR, 689-890

Website

http://www.hanjoometal.com

Hanjoo Light Metal Co Ltd is engaged in manufacturing of aluminum molded auto parts. The Company's products are engine parts for motor cycles, boats, cars, and chassis parts.

Hanjoo Light Metal Co Headlines

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