SLS BIO Co (XKRX:246250) Receivables Turnover : 1.05 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is SLS BIO 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. SLS BIO Co's Revenue for the three months ended in Mar. 2024 was ₩2,048 Mil. SLS BIO Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩1,943 Mil. Hence, SLS BIO Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.05.

SLS BIO Co Receivables Turnover Historical Data

The historical data trend for SLS BIO 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.

SLS BIO Co Receivables Turnover Chart

SLS BIO Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.21

5.89

4.36

4.23

3.60

SLS BIO Co Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			0.68	0.87	0.82	1.11	1.05

Competitive Comparison of SLS BIO Co's Receivables Turnover

For the Diagnostics & Research subindustry, SLS BIO 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.

SLS BIO Co's Receivables Turnover Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, SLS BIO Co's Receivables Turnover distribution charts can be found below:

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

SLS BIO Co Receivables Turnover Calculation

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

SLS BIO 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 )
=	9023.399	/ (	(3028.524	+	1982.208)	/	2 )
=	9023.399	/	2505.366
=	3.60

SLS BIO 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: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2048.418	/ (	(1982.208	+	1904.228)	/	2 )
=	2048.418	/	1943.218
=	1.05

SLS BIO Co (XKRX:246250) 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.

SLS BIO Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SLS BIO Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SLS BIO Co (XKRX:246250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » SLS BIO Co Ltd (XKRX:246250) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gwanggyo Central Biz Tower, 7th floor, Changryong-dong 260, Gyeonggi-do, Suwon-si, KOR, 16229

Website

http://www.slabs.co.kr

SLS BIO Co Ltd is engaged in providing drug development supporting services and pharmaceutical product QC through general tests and assays and instrumental analysis.

SLS BIO Co (XKRX:246250) Headlines

No Headlines