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Becker Milk Co (Becker Milk Co) Receivables Turnover : 5.42 (As of Jan. 2024)


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What is Becker Milk 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. Becker Milk Co's Revenue for the three months ended in Jan. 2024 was $0.58 Mil. Becker Milk Co's average Accounts Receivable for the three months ended in Jan. 2024 was $0.11 Mil. Hence, Becker Milk Co's Receivables Turnover for the three months ended in Jan. 2024 was 5.42.


Becker Milk Co Receivables Turnover Historical Data

The historical data trend for Becker Milk 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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Becker Milk Co Receivables Turnover Chart

Becker Milk Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 3.67 3.15 2.23 2.78

Becker Milk Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.53 0.65 1.92 7.64 5.42

Competitive Comparison of Becker Milk Co's Receivables Turnover

For the Real Estate Services subindustry, Becker Milk 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.


Becker Milk Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Becker Milk Co's Receivables Turnover distribution charts can be found below:

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



Becker Milk Co Receivables Turnover Calculation

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

Becker Milk Co's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=2.011 / ((0.987 + 0.461) / 2 )
=2.011 / 0.724
=2.78

Becker Milk Co's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=0.577 / ((0.063 + 0.15) / 2 )
=0.577 / 0.1065
=5.42

* 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.


Becker Milk Co  (OTCPK:BCKMF) 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.


Becker Milk Co Receivables Turnover Related Terms

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Becker Milk Co (Becker Milk Co) Business Description

Traded in Other Exchanges
Address
393 Eglinton Avenue East, 2nd Floor, Toronto, ON, CAN, M4P 1M6
Website
Becker Milk Co Ltd engages in the ownership and management of retail commercial properties in Ontario, Canada. The company leases retail stores with a few residential sites.

Becker Milk Co (Becker Milk Co) Headlines