Braemar (Braemar) Receivables Turnover : 3.06 (As of Aug. 2023)

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What is Braemar 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. Braemar's Revenue for the six months ended in Aug. 2023 was $95.21 Mil. Braemar's average Accounts Receivable for the six months ended in Aug. 2023 was $31.09 Mil. Hence, Braemar's Receivables Turnover for the six months ended in Aug. 2023 was 3.06.

Braemar Receivables Turnover Historical Data

The historical data trend for Braemar'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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Braemar Receivables Turnover Chart

Braemar Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Receivables Turnover

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2.78

3.47

2.38

3.61

5.80

Braemar Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Receivables Turnover	Get a 7-Day Free Trial															1.84	2.69	2.70	3.05	3.06

Competitive Comparison of Braemar's Receivables Turnover

For the Marine Shipping subindustry, Braemar'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.

Braemar's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Braemar's Receivables Turnover distribution charts can be found below:

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

Braemar Receivables Turnover Calculation

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

Braemar's Receivables Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Receivables Turnover (A: Feb. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2023 )	/ (	(Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )
=	184.675	/ (	(29.514	+	34.135)	/	2 )
=	184.675	/	31.8245
=	5.80

Braemar's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	95.208	/ (	(34.135	+	28.047)	/	2 )
=	95.208	/	31.091
=	3.06

Braemar (OTCPK:BSEAF) 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.

Braemar Receivables Turnover Related Terms

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Braemar (Braemar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Braemar PLC (OTCPK:BSEAF) » Definitions » Receivables Turnover

Traded in Other Exchanges

BMSl:UK BMS.GB:UK BMS:UK 5K9:Germany

Address

Trafalgar Square, One Strand, London, GBR, WC2N 5HR

Website

https://www.braemar.com

Braemar PLC provides advice in investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in shipping and energy industry. The company's operating segment are, Chartering, Investment Advisory and Risk Advisory. The majority of the revenue for the company is generated from its Chartering business segment under which it provides cost-saving solutions that create and protect the deals for their clients. Geographically, the company has its presence in United Kingdom, Singapore, Australia, Switzerland, United States, Germany and Rest of the world. A substantial part of its overall revenue is generated from its business in United Kingdom.

Braemar (Braemar) Headlines

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