GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hansol Holdings Co Ltd (XKRX:004150) » Definitions » Receivables Turnover

Hansol Holdings Co (XKRX:004150) Receivables Turnover : 0.74 (As of Jun. 2024)


View and export this data going back to 1972. Start your Free Trial

What is Hansol Holdings 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. Hansol Holdings Co's Revenue for the three months ended in Jun. 2024 was ₩104,060 Mil. Hansol Holdings Co's average Accounts Receivable for the three months ended in Jun. 2024 was ₩140,222 Mil. Hence, Hansol Holdings Co's Receivables Turnover for the three months ended in Jun. 2024 was 0.74.


Hansol Holdings Co Receivables Turnover Historical Data

The historical data trend for Hansol Holdings 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.

Hansol Holdings Co Receivables Turnover Chart

Hansol Holdings 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 2.74 3.86 5.41 5.65 5.32

Hansol Holdings Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.29 1.41 1.57 1.29 0.74

Competitive Comparison of Hansol Holdings Co's Receivables Turnover

For the Paper & Paper Products subindustry, Hansol Holdings 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.


Hansol Holdings Co's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hansol Holdings Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hansol Holdings Co's Receivables Turnover falls into.



Hansol Holdings Co Receivables Turnover Calculation

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

Hansol Holdings 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 )
=443135.225 / ((83735.65 + 82966.295) / 2 )
=443135.225 / 83350.9725
=5.32

Hansol Holdings Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=104060.34 / ((78632.128 + 201811.228) / 2 )
=104060.34 / 140221.678
=0.74

* 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.


Hansol Holdings Co  (XKRX:004150) 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.


Hansol Holdings Co Receivables Turnover Related Terms

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


Hansol Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
100 Eulji-ro (Euliji-ro 2ga), 23rd-24th Floor, B-dong, Pine Avenue Building, Jung-gu, Seoul, KOR
Hansol Holdings Co Ltd is a Korea based company engaged in manufacturing, supply, and distribution of paper and paper-related products. The company offers printing and writing paper, duplex board, fancy paper, and specialty paper. Also, it is involved in the operation of resorts with golf courses and skiing facilities. The company distributes its products within the Korean and overseas markets.

Hansol Holdings Co Headlines

No Headlines