551055 ÷ 16 
We're looking to find how many times 16 goes into 551055.

Moving on to step 1:
16 goes into 5 0 times with a remainder of 5.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Take the next digit (5) from the dividend and append it to 5, then repeat: 55 / 16

Going ahead to step 2:
16 goes into 55 3 times with a remainder of 7.
The number 3 becomes the next digit in our result. 
Result so far: 3.0
If we take 48 away from 55, we end up with 7.
Append the next digit (1) from the dividend to 7 and continue with: 71 / 16

On to step 3:
The number 16 fits into 71 4 times, leaving a remainder of 7.
Write down 4 as next digit of the result. 
Result so far: 34.0
The remainder is 7 after subtracting 64 from 71.
Fetch the next digit (0) from the dividend, attach it to 7 and continue: 70 / 16

Step 4:
16 can be fit into 70 4 times, resulting in a remainder of 6.
The next digit of our result is 4. 
Result so far: 344.0
Subtracting 64 from 70 leaves us with 6.
Include the next digit (5) from the dividend after 6, then repeat: 65 / 16

On to step 5:
16 goes into 65 4 times with a remainder of 1.
Put 4 as the next digit of the answer. 
Result so far: 3444.0
The remainder is 1 after subtracting 64 from 65.
Append the next digit (5) from the dividend to 1 and continue with: 15 / 16

Moving on to step 6:
The number 16 fits into 15 0 times, leaving a remainder of 15.
Record the quotient 0 as the next digit in the result. 
Result so far: 34440.0
Subtract 0 from 15 to get 15.
Since there are no more digits in the dividend, we add a zero to the remainder making it 150, and continue the process.

Going ahead to step 7:
The number 16 fits into 150 9 times, leaving a remainder of 6.
The next digit of our result is 9. 
Result so far: 34440.9
Deduct 144 from 150 and we're left with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

On to step 8:
16 can be fit into 60 3 times, resulting in a remainder of 12.
The number 3 becomes the next digit in our result. 
Result so far: 34440.93
The remainder is 12 after subtracting 48 from 60.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Step 9:
If we divide 120 by 16, we get 7 and a remainder of 8.
Record the quotient 7 as the next digit in the result. 
Result so far: 34440.937
If we take 112 away from 120, we end up with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

On to step 10:
If we divide 80 by 16, we get 5 and a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 34440.9375
Subtracting 80 from 80 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 11:
0 divided by 16 is 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 34440.9375
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Advancing to step 12:
The number 16 fits into 0 0 times, leaving a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 34440.9375
Subtract 0 from 0 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

In conclusion, the division gives 34440.9375 with a balance of 0.0.