Fine M-Tec Co (XKRX:441270) Receivables Turnover : 1.82 (As of Dec. 2024)

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What is Fine M-Tec 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. Fine M-Tec Co's Revenue for the three months ended in Dec. 2024 was ₩59,013 Mil. Fine M-Tec Co's average Accounts Receivable for the three months ended in Dec. 2024 was ₩32,487 Mil. Hence, Fine M-Tec Co's Receivables Turnover for the three months ended in Dec. 2024 was 1.82.

Fine M-Tec Co Receivables Turnover Historical Data

The historical data trend for Fine M-Tec 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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Fine M-Tec Co Receivables Turnover Chart

Fine M-Tec Co Annual Data

Trend

Dec22

Dec23

Dec24

Receivables Turnover

5.96

17.79

13.85

Fine M-Tec Co Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					2.03	2.56	2.88	1.81	1.82

Competitive Comparison of Fine M-Tec Co's Receivables Turnover

For the Building Products & Equipment subindustry, Fine M-Tec 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.

Fine M-Tec Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fine M-Tec Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fine M-Tec Co's Receivables Turnover falls into.

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Fine M-Tec Co Receivables Turnover Calculation

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

Fine M-Tec 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 )
=	382168.522	/ (	(23219.834	+	31973.833)	/	2 )
=	382168.522	/	27596.8335
=	13.85

Fine M-Tec Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	59013.439	/ (	(33000.026	+	31973.833)	/	2 )
=	59013.439	/	32486.9295
=	1.82

Fine M-Tec Co (XKRX:441270) 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.

Fine M-Tec Co Receivables Turnover Related Terms

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Fine M-Tec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fine M-Tec Co Ltd (XKRX:441270) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

177, Cheongbaek-ri-ro, Gyeonggi-do, Icheon-si, KOR, 17316

Website

https://www.finemtech.com

Fine M-Tec Co Ltd is engaged in the door related business. It manufactures fire rated doors, kitchen cabinets, shoes cabinets, steel doors, design doors, entrance doors, and other related products.

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