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Seoul Semiconductor Co (XKRX:046890) Receivables Turnover : 0.84 (As of Mar. 2024)


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What is Seoul Semiconductor 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 Semiconductor Co's Revenue for the three months ended in Mar. 2024 was ₩241,619 Mil. Seoul Semiconductor Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩286,446 Mil. Hence, Seoul Semiconductor Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.84.


Seoul Semiconductor Co Receivables Turnover Historical Data

The historical data trend for Seoul Semiconductor 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 Semiconductor Co Receivables Turnover Chart

Seoul Semiconductor 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 3.38 3.31 3.48 3.23 3.48

Seoul Semiconductor 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 0.74 0.83 0.86 0.87 0.84

Competitive Comparison of Seoul Semiconductor Co's Receivables Turnover

For the Semiconductors subindustry, Seoul Semiconductor 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 Semiconductor Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Seoul Semiconductor Co's Receivables Turnover distribution charts can be found below:

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



Seoul Semiconductor Co Receivables Turnover Calculation

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

Seoul Semiconductor 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 )
=1032380.637 / ((306604.667 + 286774.804) / 2 )
=1032380.637 / 296689.7355
=3.48

Seoul Semiconductor 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 )
=241618.8 / ((286774.804 + 286116.869) / 2 )
=241618.8 / 286445.8365
=0.84

* 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 Semiconductor Co  (XKRX:046890) 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 Semiconductor Co Receivables Turnover Related Terms

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Seoul Semiconductor Co (XKRX:046890) Business Description

Traded in Other Exchanges
N/A
Address
148-29 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153-023
Seoul Semiconductor Co Ltd is a company catering to the semiconductor industry in Korea. It manufactures and markets light emitting diodes used in notice boards and billboards; customized modules used in lightings and home appliances, and sensors used in printers and vending machines. Its array of products includes side view LEDs, top view LEDs, chip LEDs, lamp LEDs and high flux LEDs. The company has markets located at home and abroad.

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