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Hana Micron (XKRX:067310) Receivables Turnover : 2.47 (As of Mar. 2024)


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What is Hana Micron 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. Hana Micron's Revenue for the three months ended in Mar. 2024 was ₩268,961 Mil. Hana Micron's average Accounts Receivable for the three months ended in Mar. 2024 was ₩108,843 Mil. Hence, Hana Micron's Receivables Turnover for the three months ended in Mar. 2024 was 2.47.


Hana Micron Receivables Turnover Historical Data

The historical data trend for Hana Micron'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.

Hana Micron Receivables Turnover Chart

Hana Micron 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 13.27 12.78 11.85 13.60 13.25

Hana Micron 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 3.21 2.92 2.68 2.82 2.47

Competitive Comparison of Hana Micron's Receivables Turnover

For the Semiconductors subindustry, Hana Micron'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.


Hana Micron's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hana Micron's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hana Micron's Receivables Turnover falls into.



Hana Micron Receivables Turnover Calculation

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

Hana Micron'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 )
=967971.485 / ((65499.128 + 80582.933) / 2 )
=967971.485 / 73041.0305
=13.25

Hana Micron'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 )
=268960.709 / ((80582.933 + 137103.09) / 2 )
=268960.709 / 108843.0115
=2.47

* 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.


Hana Micron  (XKRX:067310) 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.


Hana Micron Receivables Turnover Related Terms

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Hana Micron (XKRX:067310) Business Description

Traded in Other Exchanges
N/A
Address
95-1,Wonnam-ri, Eumbong-myeon, Asan-si, Chungcheongnam-do, KOR, 336-864
Hana Micron Inc is a South Korea based company engages in the provision of semiconductor packaging solutions. Its products include flip chip ball grid array, wafer level chip scare packaging, system in package, fine pitch ball grid array, and lead frame base.

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