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Seoul Electronics & Telecom Co (XKRX:027040) Receivables Turnover : 1.19 (As of Mar. 2024)


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What is Seoul Electronics & Telecom 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. Seoul Electronics & Telecom Co's Revenue for the three months ended in Mar. 2024 was ₩7,488 Mil. Seoul Electronics & Telecom Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩6,317 Mil. Hence, Seoul Electronics & Telecom Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.19.


Seoul Electronics & Telecom Co Receivables Turnover Historical Data

The historical data trend for Seoul Electronics & Telecom 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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Seoul Electronics & Telecom Co Receivables Turnover Chart

Seoul Electronics & Telecom 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 5.45 6.41 4.95 3.64 3.78

Seoul Electronics & Telecom Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.87 1.02 1.14 0.82 1.19

Competitive Comparison of Seoul Electronics & Telecom Co's Receivables Turnover

For the Electronic Components subindustry, Seoul Electronics & Telecom 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.


Seoul Electronics & Telecom Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seoul Electronics & Telecom Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Seoul Electronics & Telecom Co's Receivables Turnover falls into.



Seoul Electronics & Telecom Co Receivables Turnover Calculation

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

Seoul Electronics & Telecom 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 )
=34586.692 / ((11477.303 + 6813.571) / 2 )
=34586.692 / 9145.437
=3.78

Seoul Electronics & Telecom Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=7488.394 / ((6813.571 + 5820.748) / 2 )
=7488.394 / 6317.1595
=1.19

* 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.


Seoul Electronics & Telecom Co  (XKRX:027040) 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.


Seoul Electronics & Telecom Co Receivables Turnover Related Terms

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Seoul Electronics & Telecom Co (XKRX:027040) Business Description

Traded in Other Exchanges
N/A
Address
202-601 Buchun-Technopark, 192 Yaekdae-Dong, Wonmi-Gu, Incheon, KOR, 403-030
Seoul Electronics & Telecom Co Ltd operates in the electronic components in industry in South Korea. The company is engaged in manufacturing of products like power devices which include linear transformers, industrial transformers, and line filter, POS terminals, wireless payment terminal, and EMS.

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