Wavus Co (XKRX:336060) Receivables Turnover : 10.60 (As of Sep. 2024)

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What is Wavus 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. Wavus Co's Revenue for the three months ended in Sep. 2024 was ₩12,491 Mil. Wavus Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩1,178 Mil. Hence, Wavus Co's Receivables Turnover for the three months ended in Sep. 2024 was 10.60.

Wavus Co Receivables Turnover Historical Data

The historical data trend for Wavus 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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Wavus Co Receivables Turnover Chart

Wavus Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

8.77

11.11

Wavus Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial														13.04	4.34	2.62	9.93	10.60

Competitive Comparison of Wavus Co's Receivables Turnover

For the Software - Application subindustry, Wavus 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.

Wavus Co's Receivables Turnover Distribution in the Software Industry

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

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

Wavus Co Receivables Turnover Calculation

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

Wavus Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	40546.671	/ (	(4323.896	+	2974.76)	/	2 )
=	40546.671	/	3649.328
=	11.11

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

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	12490.814	/ (	(896.82	+	1458.911)	/	2 )
=	12490.814	/	1177.8655
=	10.60

Wavus Co (XKRX:336060) 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.

Wavus Co Receivables Turnover Related Terms

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Wavus Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wavus Co Ltd (XKRX:336060) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

61,1001, Digital-ro 26-Gil, Guro-gu, Guro-dong, Ace High-End Tower 2, Seoul, KOR, 08389

Website

http://www.wavus.co.kr

Wavus Co Ltd is a geospatial information integrated solution company. It has self-developed geospatial data platforms for the public and private sectors so that anyone can build geospatial data services. It provides various APIs and functions necessary for configuring geospatial data services in a customized way and provides stable quality and the technical environment by supporting open sources and frameworks.

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