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H.PIO Co (XKRX:357230) Receivables Turnover : 3.33 (As of Mar. 2024)


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What is H.PIO 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. H.PIO Co's Revenue for the three months ended in Mar. 2024 was ₩58,514 Mil. H.PIO Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩17,592 Mil. Hence, H.PIO Co's Receivables Turnover for the three months ended in Mar. 2024 was 3.33.


H.PIO Co Receivables Turnover Historical Data

The historical data trend for H.PIO 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.

H.PIO Co Receivables Turnover Chart

H.PIO Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
8.11 18.36 15.96 15.34

H.PIO Co Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.59 3.76 3.95 4.09 3.33

Competitive Comparison of H.PIO Co's Receivables Turnover

For the Packaged Foods subindustry, H.PIO 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.


H.PIO Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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



H.PIO Co Receivables Turnover Calculation

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

H.PIO 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 )
=195978.389 / ((11652.135 + 13907.115) / 2 )
=195978.389 / 12779.625
=15.34

H.PIO 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 )
=58514.078 / ((15415.91 + 19767.756) / 2 )
=58514.078 / 17591.833
=3.33

* 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.


H.PIO Co  (XKRX:357230) 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.


H.PIO Co Receivables Turnover Related Terms

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H.PIO Co (XKRX:357230) Business Description

Traded in Other Exchanges
N/A
Address
115 Yangpyeongro, Yeongdeungpo-gu, Seoul, KOR
H.PIO Co Ltd runs a health functional food business centering on its own premium brand Denps based in Northern Europe.

H.PIO Co (XKRX:357230) Headlines

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