GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Korea Petroleum Industries Co (XKRX:004090) » Definitions » Receivables Turnover

Korea Petroleum Industries Co (XKRX:004090) Receivables Turnover : 1.32 (As of Mar. 2024)


View and export this data going back to 1977. Start your Free Trial

What is Korea Petroleum Industries 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. Korea Petroleum Industries Co's Revenue for the three months ended in Mar. 2024 was ₩165,907 Mil. Korea Petroleum Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩126,138 Mil. Hence, Korea Petroleum Industries Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.32.


Korea Petroleum Industries Co Receivables Turnover Historical Data

The historical data trend for Korea Petroleum Industries 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.

Korea Petroleum Industries Co Receivables Turnover Chart

Korea Petroleum Industries 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 4.43 4.75 5.65 6.38 5.78

Korea Petroleum Industries 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 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 1.39 1.45 1.42 1.41 1.32

Competitive Comparison of Korea Petroleum Industries Co's Receivables Turnover

For the Building Materials subindustry, Korea Petroleum Industries 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.


Korea Petroleum Industries Co's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Korea Petroleum Industries Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Korea Petroleum Industries Co's Receivables Turnover falls into.



Korea Petroleum Industries Co Receivables Turnover Calculation

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

Korea Petroleum Industries 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 )
=679233.436 / ((115383.182 + 119775.706) / 2 )
=679233.436 / 117579.444
=5.78

Korea Petroleum Industries 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 )
=165906.871 / ((119775.706 + 132500.379) / 2 )
=165906.871 / 126138.0425
=1.32

* 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.


Korea Petroleum Industries Co  (XKRX:004090) 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.


Korea Petroleum Industries Co Receivables Turnover Related Terms

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


Korea Petroleum Industries Co (XKRX:004090) Business Description

Traded in Other Exchanges
N/A
Address
Hansuk Building 302-79 Inchun-dong, Yongsan-gu, Seoul, KOR, 140-030
Korea Petroleum Industries Co is engaged in producing and selling asphalts, solvents, and building materials. It offers blown and industrial asphalt; and construction materials include tar and water-based polyurethane, water stops, sheet membranes, tapes, cold patches, sealants, emulsions, primers, ceramic powders, and other materials.

Korea Petroleum Industries Co (XKRX:004090) Headlines

No Headlines