DL E&C Co (XKRX:375500) Receivables Turnover : 2.38 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is DL E&C 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. DL E&C Co's Revenue for the three months ended in Mar. 2024 was ₩1,890,538 Mil. DL E&C Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩795,226 Mil. Hence, DL E&C Co's Receivables Turnover for the three months ended in Mar. 2024 was 2.38.

DL E&C Co Receivables Turnover Historical Data

The historical data trend for DL E&C 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.

DL E&C Co Receivables Turnover Chart

DL E&C Co Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

15.72

13.99

11.12

DL E&C Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial								3.16	3.35	2.65	2.83	2.38

Competitive Comparison of DL E&C Co's Receivables Turnover

For the Engineering & Construction subindustry, DL E&C 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.

DL E&C Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, DL E&C Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DL E&C Co's Receivables Turnover falls into.

DL E&C Co Receivables Turnover Calculation

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

DL E&C 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 )
=	7991063.617	/ (	(585883	+	851221.816)	/	2 )
=	7991063.617	/	718552.408
=	11.12

DL E&C 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 )
=	1890537.605	/ (	(851221.816	+	739231.05)	/	2 )
=	1890537.605	/	795226.433
=	2.38

DL E&C Co (XKRX:375500) 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.

DL E&C Co Receivables Turnover Related Terms

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

DL E&C Co (XKRX:375500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DL E&C Co Ltd (XKRX:375500) » Definitions » Receivables Turnover

Traded in Other Exchanges

37550L.PFD:Korea 37550K:Korea

Address

134 Tongil-ro, Jongno-gu, Donuimun, Center Point D Tower, Seoul, KOR, 03181

Website

http://www.dlenc.co.kr

DL E&C Co Ltd is a construction company in the Engineering, Procurement, and Construction sector. The services provided by the company include Plant Works, Civil Works, Building Works, and Housing Works.

DL E&C Co (XKRX:375500) Headlines

No Headlines