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Young Poong (XKRX:000670) Receivables Turnover : 2.20 (As of Mar. 2024)


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What is Young Poong 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. Young Poong's Revenue for the three months ended in Mar. 2024 was ₩741,422 Mil. Young Poong's average Accounts Receivable for the three months ended in Mar. 2024 was ₩337,685 Mil. Hence, Young Poong's Receivables Turnover for the three months ended in Mar. 2024 was 2.20.


Young Poong Receivables Turnover Historical Data

The historical data trend for Young Poong'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.

Young Poong Receivables Turnover Chart

Young Poong 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 8.59 7.72 8.29 9.30 8.74

Young Poong 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 2.12 2.56 2.37 2.03 2.20

Competitive Comparison of Young Poong's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Young Poong'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.


Young Poong's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Young Poong's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Young Poong's Receivables Turnover falls into.



Young Poong Receivables Turnover Calculation

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

Young Poong'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 )
=3761732.632 / ((499263.512 + 361523.315) / 2 )
=3761732.632 / 430393.4135
=8.74

Young Poong'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 )
=741422.366 / ((361523.315 + 313846.245) / 2 )
=741422.366 / 337684.78
=2.20

* 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.


Young Poong  (XKRX:000670) 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.


Young Poong Receivables Turnover Related Terms

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Young Poong (XKRX:000670) Business Description

Traded in Other Exchanges
N/A
Address
542 Gangnam-daero, Gangnamgu, Seoul, KOR, 134-749
Young Poong Corp is a manufacturer and supplier of the zinc and few other non-ferrous metals in Korea. Its products include special high grade (SHG) zinc ingot, zinc alloy for galvanizing, die casting, zinc alloy, sulfuric acid, copper sulfate, silver by-product and indium. The zinc alloy for die casting includes DC1 (die casting), DC2, DC3, and zipper.

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