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Messe eSang Co (XKRX:408920) Receivables Turnover : 4.42 (As of Mar. 2025)


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What is Messe eSang 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. Messe eSang Co's Revenue for the three months ended in Mar. 2025 was ₩13,174 Mil. Messe eSang Co's average Accounts Receivable for the three months ended in Mar. 2025 was ₩2,979 Mil. Hence, Messe eSang Co's Receivables Turnover for the three months ended in Mar. 2025 was 4.42.


Messe eSang Co Receivables Turnover Historical Data

The historical data trend for Messe eSang 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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Messe eSang Co Receivables Turnover Chart

Messe eSang Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Receivables Turnover
- 21.14 27.59 27.84

Messe eSang Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.54 4.59 4.92 9.00 4.42

Competitive Comparison of Messe eSang Co's Receivables Turnover

For the Specialty Business Services subindustry, Messe eSang 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.


Messe eSang Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Messe eSang Co's Receivables Turnover distribution charts can be found below:

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


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Messe eSang Co Receivables Turnover Calculation

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

Messe eSang Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=67076.916 / ((1870.431 + 2947.74) / 2 )
=67076.916 / 2409.0855
=27.84

Messe eSang Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=13173.558 / ((2947.74 + 3009.5) / 2 )
=13173.558 / 2978.62
=4.42

* 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.


Messe eSang Co  (XKRX:408920) 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.


Messe eSang Co Receivables Turnover Related Terms

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Messe eSang Co Business Description

Traded in Other Exchanges
N/A
Address
9 World Cup Bukro 58 Gil, ES Tower, Mapogu, Seoul, KOR, 03922
Messe eSang Co Ltd is a exhibition organizer company in Korea, creates true value with customers. It has a diverse portfolio of 66 exhibitions in 18 industries, 17,340 booths, and exhibition area of 438,544m.

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