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Great Rich Technologies (XKRX:900290) Receivables Turnover : 0.72 (As of Dec. 2024)


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What is Great Rich Technologies 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. Great Rich Technologies's Revenue for the three months ended in Dec. 2024 was ₩252,407 Mil. Great Rich Technologies's average Accounts Receivable for the three months ended in Dec. 2024 was ₩348,196 Mil. Hence, Great Rich Technologies's Receivables Turnover for the three months ended in Dec. 2024 was 0.72.


Great Rich Technologies Receivables Turnover Historical Data

The historical data trend for Great Rich Technologies'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.

Great Rich Technologies Receivables Turnover Chart

Great Rich Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.26 3.54 3.44 4.48 3.17

Great Rich Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 0.91 0.79 0.78 0.74 0.72

Competitive Comparison of Great Rich Technologies's Receivables Turnover

For the Specialty Chemicals subindustry, Great Rich Technologies'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.


Great Rich Technologies's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Great Rich Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Great Rich Technologies's Receivables Turnover falls into.


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Great Rich Technologies Receivables Turnover Calculation

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

Great Rich Technologies's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=842434.338 / ((206459.985 + 324502.711) / 2 )
=842434.338 / 265481.348
=3.17

Great Rich Technologies'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 )
=252407.489 / ((327498.627 + 368892.558) / 2 )
=252407.489 / 348195.5925
=0.72

* 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.


Great Rich Technologies  (XKRX:900290) 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.


Great Rich Technologies Receivables Turnover Related Terms

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Great Rich Technologies Business Description

Traded in Other Exchanges
N/A
Address
9 Yin Chong Street, Room 01, 21st Floor, Prosper Commercial Building, Kowloon, Hong Kong, HKG
Great Rich Technologies Ltd is engaged in developing, manufacturing and marketing Casting Polypropylene and Polyethylene Terephthalate Films for consumer electronics. The company also produces 3D and Blue Light Block films.

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