HPSP Co (XKRX:403870) Receivables Turnover : 17.12 (As of Mar. 2024)

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What is HPSP 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. HPSP Co's Revenue for the three months ended in Mar. 2024 was ₩37,753 Mil. HPSP Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩2,205 Mil. Hence, HPSP Co's Receivables Turnover for the three months ended in Mar. 2024 was 17.12.

HPSP Co Receivables Turnover Historical Data

The historical data trend for HPSP 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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HPSP Co Receivables Turnover Chart

HPSP Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

114.91

29.03

41.66

88.07

HPSP Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial							8.32	4.56	6.87	10.74	17.12

Competitive Comparison of HPSP Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, HPSP 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.

HPSP Co's Receivables Turnover Distribution in the Industrial Products Industry

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

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

HPSP Co Receivables Turnover Calculation

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

HPSP 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 )
=	179086.661	/ (	(1861.748	+	2205.057)	/	2 )
=	179086.661	/	2033.4025
=	88.07

HPSP 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 )
=	37753.002	/ (	(2205.057	+	0)	/	1 )
=	37753.002	/	2205.057
=	17.12

HPSP Co (XKRX:403870) 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.

HPSP Co Receivables Turnover Related Terms

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HPSP Co (XKRX:403870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HPSP Co Ltd (XKRX:403870) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

65, Omokcheon-ro 152beon-gil, Gwonseon-gu, Gyeonggi-do, Suwon-si, KOR, 16642

Website

http://www.thehpsp.com

HPSP Co Ltd is engaged in the manufacturing of semiconductor machines and types of equipment. It manufactures High-pressure hydrogen annealing equipment.

HPSP Co (XKRX:403870) Headlines

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