GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CHEIL Worldwide Inc (XKRX:030000) » Definitions » Receivables Turnover

CHEIL Worldwide (XKRX:030000) Receivables Turnover : 0.74 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is CHEIL Worldwide 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. CHEIL Worldwide's Revenue for the three months ended in Mar. 2024 was ₩1,018,010 Mil. CHEIL Worldwide's average Accounts Receivable for the three months ended in Mar. 2024 was ₩1,383,950 Mil. Hence, CHEIL Worldwide's Receivables Turnover for the three months ended in Mar. 2024 was 0.74.


CHEIL Worldwide Receivables Turnover Historical Data

The historical data trend for CHEIL Worldwide'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.

CHEIL Worldwide Receivables Turnover Chart

CHEIL Worldwide 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 3.03 2.63 3.07 3.34 2.89

CHEIL Worldwide 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 0.74 0.85 0.89 0.83 0.74

Competitive Comparison of CHEIL Worldwide's Receivables Turnover

For the Advertising Agencies subindustry, CHEIL Worldwide'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.


CHEIL Worldwide's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CHEIL Worldwide's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CHEIL Worldwide's Receivables Turnover falls into.



CHEIL Worldwide Receivables Turnover Calculation

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

CHEIL Worldwide'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 )
=4138274.796 / ((1386450.697 + 1474324.868) / 2 )
=4138274.796 / 1430387.7825
=2.89

CHEIL Worldwide'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 )
=1018009.728 / ((1474324.868 + 1293575.4) / 2 )
=1018009.728 / 1383950.134
=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.


CHEIL Worldwide  (XKRX:030000) 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.


CHEIL Worldwide Receivables Turnover Related Terms

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


CHEIL Worldwide (XKRX:030000) Business Description

Traded in Other Exchanges
N/A
Address
222 Itaewon-ro Yongsan-gu, SEOUL, KOR
CHEIL Worldwide Inc is a Korean-based advertising and media firm. The company mainly provides strategic, creative, experimental, digital and creative solutions. Its services involve brand activation and retail marketing. It also provides its clients around the world with integrated marketing solutions.

CHEIL Worldwide (XKRX:030000) Headlines

No Headlines