Huons Global Co (XKRX:084110) Receivables Turnover : 1.50 (As of Mar. 2024)

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What is Huons Global 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. Huons Global Co's Revenue for the three months ended in Mar. 2024 was ₩201,881 Mil. Huons Global Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩134,950 Mil. Hence, Huons Global Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.50.

Huons Global Co Receivables Turnover Historical Data

The historical data trend for Huons Global 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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Huons Global Co Receivables Turnover Chart

Huons Global Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.30

4.96

5.41

6.11

6.18

Huons Global 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															1.57	1.62	1.53	1.52	1.50

Competitive Comparison of Huons Global Co's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Huons Global 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.

Huons Global Co's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Huons Global Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Huons Global Co's Receivables Turnover falls into.

Huons Global Co Receivables Turnover Calculation

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

Huons Global 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 )
=	758379.661	/ (	(107142.376	+	138219.171)	/	2 )
=	758379.661	/	122680.7735
=	6.18

Huons Global 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 )
=	201881.135	/ (	(138219.171	+	131679.9)	/	2 )
=	201881.135	/	134949.5355
=	1.50

Huons Global Co (XKRX:084110) 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.

Huons Global Co Receivables Turnover Related Terms

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Huons Global Co (XKRX:084110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Huons Global Co Ltd (XKRX:084110) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

901, Pangyo Innovalley C, 621, Sampyeong-dong Bundang-gu, Gyeonggi-do, KOR, 153-788

Website

http://www.huons.com

Huons Global Co Ltd is active in the healthcare sector. Its primary business includes the manufacture and sale of pharmaceutical products. The company functions through three divisions; pharmaceuticals, medical devices, and cosmetics. The pharmaceutical division represents the production of ethical drugs like the local anesthetic. The medical devices division is engaged in developing devices to aid safe preparation of platelet-poor plasma and platelet concentrate from the sample of blood. The company's suite of cosmetic products comprises of cleansers, creams, and sunscreens.

Huons Global Co (XKRX:084110) Headlines

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