Hyundai Engineeringnstruction Co (XKRX:000720) Receivables Turnover : 0.91 (As of Mar. 2024)

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What is Hyundai 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. Hyundai Engineeringnstruction Co's Revenue for the three months ended in Mar. 2024 was ₩8,545,258 Mil. Hyundai Engineeringnstruction Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩9,392,861 Mil. Hence, Hyundai Engineeringnstruction Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.91.

Hyundai Engineeringnstruction Co Receivables Turnover Historical Data

The historical data trend for Hyundai 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.

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Hyundai Engineeringnstruction Co Receivables Turnover Chart

Hyundai Engineeringnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.79

4.21

4.17

4.00

4.10

Hyundai 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															0.97	1.00	0.96	0.99	0.91

Competitive Comparison of Hyundai Engineeringnstruction Co's Receivables Turnover

For the Engineering & Construction subindustry, Hyundai 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.

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

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

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

Hyundai Engineeringnstruction Co Receivables Turnover Calculation

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

Hyundai 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 )
=	29651357	/ (	(5750533	+	8713930)	/	2 )
=	29651357	/	7232231.5
=	4.10

Hyundai 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 )
=	8545258	/ (	(8713930	+	10071792)	/	2 )
=	8545258	/	9392861
=	0.91

Hyundai Engineeringnstruction Co (XKRX:000720) 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.

Hyundai Engineeringnstruction Co Receivables Turnover Related Terms

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Hyundai Engineeringnstruction Co (XKRX:000720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hyundai Engineering & Construction Co Ltd (XKRX:000720) » Definitions » Receivables Turnover

Traded in Other Exchanges

000725:Korea

Address

Hyundai Building 75, Yulgok-ro, Jongno-gu, Seoul, KOR, 110920

Website

http://en.hdec.kr

Hyundai Engineering & Construction Co Ltd works in the construction industry, and has completed civil, building, plant, and energy projects. It constructs buildings, structures, and infrastructure primarily geared toward transportation, power stations, gas facilities, and real estate. The company operates four business segments: building works, civil works, plant works/electrical works, and other. Procuring materials and delivering timely performance to develop large, complex structures are focuses of the business. The company has a strong sales presence in its home country of Korea, but it derives the majority of its sales from international projects in Asia, Africa, and other regions.

Hyundai Engineeringnstruction Co (XKRX:000720) Headlines

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