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Hyundai Mobis Co (XKRX:012330) Receivables Turnover : 1.50 (As of Dec. 2023)


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What is Hyundai Mobis 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. Hyundai Mobis Co's Revenue for the three months ended in Dec. 2023 was ₩14,672,199 Mil. Hyundai Mobis Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩9,813,845 Mil. Hence, Hyundai Mobis Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.50.


Hyundai Mobis Co Receivables Turnover Historical Data

The historical data trend for Hyundai Mobis 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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Hyundai Mobis Co Receivables Turnover Chart

Hyundai Mobis Co 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 5.68 5.05 5.42 5.90 6.07

Hyundai Mobis Co 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 1.62 1.48 1.54 1.40 1.50

Competitive Comparison of Hyundai Mobis Co's Receivables Turnover

For the Auto Parts subindustry, Hyundai Mobis 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.


Hyundai Mobis Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyundai Mobis Co's Receivables Turnover distribution charts can be found below:

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



Hyundai Mobis Co Receivables Turnover Calculation

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

Hyundai Mobis Co'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 )
=59254361 / ((9774889 + 9737107) / 2 )
=59254361 / 9755998
=6.07

Hyundai Mobis Co'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 )
=14672199 / ((9890582 + 9737107) / 2 )
=14672199 / 9813844.5
=1.50

* 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.


Hyundai Mobis Co  (XKRX:012330) 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.


Hyundai Mobis Co Receivables Turnover Related Terms

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Hyundai Mobis Co (XKRX:012330) Business Description

Traded in Other Exchanges
N/A
Address
203, Teheran-ro, Gangnam-gu, Seoul, KOR, 06141
Hyundai Mobis is an automotive parts manufacturer. Its business segments are: automobile modules, major automobile parts, aftersales parts, and accessories. The automobiles modules division manufactures and supplies chassis modules, cockpit modules, and front-end modules. The major automobile parts segment offers safety systems, braking systems, steering systems, lamp systems, air suspension systems, audio systems, and AV Navigation systems. The aftersales parts segment streamlines logistics hubs and establishes high-tech distribution systems.

Hyundai Mobis Co (XKRX:012330) Headlines

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