The present disclosure relates to a sensor network, Machine Type Communication (MTC), Machine-to-Machine (M2M) communication, and technology for Internet of Things (IoT). The present disclosure may be applied to intelligent services based on the above technologies, such as smart home, smart building, smart city, smart car, connected car, health care, digital education, smart retail, security and safety services. A device for measuring a distance, according to one embodiment of the present invention, includes a transceiver configured to transmit, to another device, a signal and receive, from the another device, another signal according to the signal, and a controller configured to determine a first interval based on the signal and the another signal and determine a distance between the device and the another device based on the first interval, a second interval regarding the another device, and a delay regarding an internal circuit of the device.