Daewoo Engineeringnstruction Co (XKRX:047040) Receivables Turnover : 0.76 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Daewoo Engineeringnstruction 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. Daewoo Engineeringnstruction Co's Revenue for the three months ended in Mar. 2024 was ₩2,487,337 Mil. Daewoo Engineeringnstruction Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩3,290,356 Mil. Hence, Daewoo Engineeringnstruction Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.76.

Daewoo Engineeringnstruction Co Receivables Turnover Historical Data

The historical data trend for Daewoo Engineeringnstruction 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.

* Premium members only.

Daewoo Engineeringnstruction Co Receivables Turnover Chart

Daewoo Engineeringnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.06

3.95

4.89

5.14

4.23

Daewoo Engineeringnstruction 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															1.09	1.18	0.97	0.90	0.76

Competitive Comparison of Daewoo Engineeringnstruction Co's Receivables Turnover

For the Engineering & Construction subindustry, Daewoo Engineeringnstruction 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.

Daewoo Engineeringnstruction Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daewoo Engineeringnstruction Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Daewoo Engineeringnstruction Co's Receivables Turnover falls into.

Daewoo Engineeringnstruction Co Receivables Turnover Calculation

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

Daewoo Engineeringnstruction 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 )
=	11647800.865	/ (	(2359315.914	+	3151504.516)	/	2 )
=	11647800.865	/	2755410.215
=	4.23

Daewoo Engineeringnstruction 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 )
=	2487337.157	/ (	(3151504.516	+	3429207.03)	/	2 )
=	2487337.157	/	3290355.773
=	0.76

Daewoo Engineeringnstruction Co (XKRX:047040) 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.

Daewoo Engineeringnstruction Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Daewoo Engineeringnstruction Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Daewoo Engineeringnstruction Co (XKRX:047040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daewoo Engineering & Construction Co Ltd (XKRX:047040) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Sinmunno 1-ga, Daewoo E&C 57, Jongno-gu, Seoul, KOR, 110-713

Website

http://www.daewooenc.com

Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country.

Daewoo Engineeringnstruction Co (XKRX:047040) Headlines

No Headlines