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Kumho Electric (XKRX:001210) Receivables Turnover : 1.43 (As of Dec. 2023)


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What is Kumho Electric 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. Kumho Electric's Revenue for the three months ended in Dec. 2023 was ₩11,612 Mil. Kumho Electric's average Accounts Receivable for the three months ended in Dec. 2023 was ₩8,139 Mil. Hence, Kumho Electric's Receivables Turnover for the three months ended in Dec. 2023 was 1.43.


Kumho Electric Receivables Turnover Historical Data

The historical data trend for Kumho Electric'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.

Kumho Electric Receivables Turnover Chart

Kumho Electric Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 5.39 6.27 6.68 6.67

Kumho Electric Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.79 2.17 1.83 1.92 1.43

Competitive Comparison of Kumho Electric's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Kumho Electric'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.


Kumho Electric's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kumho Electric's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kumho Electric's Receivables Turnover falls into.



Kumho Electric Receivables Turnover Calculation

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

Kumho Electric's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=53372.994 / ((6889.538 + 9104.835) / 2 )
=53372.994 / 7997.1865
=6.67

Kumho Electric's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=11611.782 / ((7172.773 + 9104.835) / 2 )
=11611.782 / 8138.804
=1.43

* 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.


Kumho Electric  (XKRX:001210) 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.


Kumho Electric Receivables Turnover Related Terms

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Kumho Electric (XKRX:001210) Business Description

Traded in Other Exchanges
N/A
Address
41, Mapo-daero 4da-gil, Mapo-gu, Seoul, KOR, 121-050
Kumho Electric Inc is a Korea-based company engaged in the manufacture of general lightings and display lightings solution. The company offers products such as general lighting consisting of tube type, circular and bulb type fluorescent lamp, electrodeless lamp and electronic ballast, light emitting diode krypton and backlight unit. It also distributes its products within domestic and international markets.

Kumho Electric (XKRX:001210) Headlines

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