Picogram Co (XKRX:376180) Receivables Turnover : 1.67 (As of Mar. 2025)

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What is Picogram 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. Picogram Co's Revenue for the three months ended in Mar. 2025 was ₩8,459 Mil. Picogram Co's average Accounts Receivable for the three months ended in Mar. 2025 was ₩5,056 Mil. Hence, Picogram Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.67.

Picogram Co Receivables Turnover Historical Data

The historical data trend for Picogram 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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Picogram Co Receivables Turnover Chart

Picogram Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

12.88

10.18

9.79

10.21

7.85

Picogram Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial													2.25	1.98	1.60	2.00	1.67

Competitive Comparison of Picogram Co's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Picogram 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.

Picogram Co's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Picogram Co's Receivables Turnover distribution charts can be found below:

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

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Picogram Co Receivables Turnover Calculation

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

Picogram 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 )
=	32144.305	/ (	(2733.515	+	5454.595)	/	2 )
=	32144.305	/	4094.055
=	7.85

Picogram 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 )
=	8458.895	/ (	(5454.595	+	4656.982)	/	2 )
=	8458.895	/	5055.7885
=	1.67

Picogram Co (XKRX:376180) 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.

Picogram Co Receivables Turnover Related Terms

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Picogram Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Picogram Co Ltd (XKRX:376180) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

118, Bupyeongbuk-ro, Bupyeong-gu, Incheon, KOR, 21310

Website

http://www.picogram.com

Picogram Co Ltd is engaged in providing water purification technologies. Its products include Countertop water purifier, Under-sink water purifier, Inline Filters, and Filter materials among other products.

Picogram Co Headlines

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