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Hana Materials (XKRX:166090) Receivables Turnover : 2.92 (As of Dec. 2023)


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What is Hana Materials 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. Hana Materials's Revenue for the three months ended in Dec. 2023 was ₩46,875 Mil. Hana Materials's average Accounts Receivable for the three months ended in Dec. 2023 was ₩16,050 Mil. Hence, Hana Materials's Receivables Turnover for the three months ended in Dec. 2023 was 2.92.


Hana Materials Receivables Turnover Historical Data

The historical data trend for Hana Materials'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.

Hana Materials Receivables Turnover Chart

Hana Materials 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 13.93 16.66 14.99 18.03 17.44

Hana Materials 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 4.79 5.25 3.88 2.82 2.92

Competitive Comparison of Hana Materials's Receivables Turnover

For the Semiconductor Equipment & Materials subindustry, Hana Materials'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.


Hana Materials's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hana Materials's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hana Materials's Receivables Turnover falls into.



Hana Materials Receivables Turnover Calculation

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

Hana Materials'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 )
=233576.716 / ((12428.942 + 14362.13) / 2 )
=233576.716 / 13395.536
=17.44

Hana Materials'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 )
=46875.217 / ((17737.725 + 14362.13) / 2 )
=46875.217 / 16049.9275
=2.92

* 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.


Hana Materials  (XKRX:166090) 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.


Hana Materials Receivables Turnover Related Terms

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Hana Materials (XKRX:166090) Business Description

Traded in Other Exchanges
N/A
Address
42, 3gongdan 3-ro, Seobuk-gu, Chungcheongnam-do, Cheonan, KOR, 330-980
Hana Materials Inc is engaged in manufacturing silicon electodes and rings which are the core semiconductor manufacturing equipments and important components in the dry etching process.

Hana Materials (XKRX:166090) Headlines

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