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Ecopro BM Co (XKRX:247540) Receivables Turnover : 1.19 (As of Dec. 2023)


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What is Ecopro BM 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. Ecopro BM Co's Revenue for the three months ended in Dec. 2023 was ₩1,180,397 Mil. Ecopro BM Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩991,344 Mil. Hence, Ecopro BM Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.19.


Ecopro BM Co Receivables Turnover Historical Data

The historical data trend for Ecopro BM 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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Ecopro BM Co Receivables Turnover Chart

Ecopro BM Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 11.61 12.56 9.10 9.53 8.39

Ecopro BM Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.26 1.99 1.81 1.66 1.19

Competitive Comparison of Ecopro BM Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Ecopro BM 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.


Ecopro BM Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecopro BM Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ecopro BM Co's Receivables Turnover falls into.



Ecopro BM Co Receivables Turnover Calculation

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

Ecopro BM 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 )
=6900867.844 / ((877390.703 + 767027.417) / 2 )
=6900867.844 / 822209.06
=8.39

Ecopro BM Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1180397.366 / ((1215660.134 + 767027.417) / 2 )
=1180397.366 / 991343.7755
=1.19

* 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.


Ecopro BM Co  (XKRX:247540) 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.


Ecopro BM Co Receivables Turnover Related Terms

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Ecopro BM Co (XKRX:247540) Business Description

Traded in Other Exchanges
N/A
Address
100 2 Sandan-ro (Songdae-ri 329), Ochang-eup, Cheongju, KOR, 28117
Ecopro BM Co Ltd is engaged in development and production of secondary battery materials like precursors and cathode materials. Its products are used in electric vehicles, electric energy storage systems, uninterruptible power supply, smart grids, and ones for aerospace, and medical and military purposes.

Ecopro BM Co (XKRX:247540) Headlines

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