Olin (FRA:OLN) Receivables Turnover : 2.02 (As of Mar. 2024)

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What is Olin 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. Olin's Revenue for the three months ended in Mar. 2024 was €1,504 Mil. Olin's average Accounts Receivable for the three months ended in Mar. 2024 was €744 Mil. Hence, Olin's Receivables Turnover for the three months ended in Mar. 2024 was 2.02.

Olin Receivables Turnover Historical Data

The historical data trend for Olin'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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Olin Receivables Turnover Chart

Olin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.05

7.18

9.78

9.92

8.20

Olin Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.12	2.02	2.07	1.97	2.02

Competitive Comparison of Olin's Receivables Turnover

For the Specialty Chemicals subindustry, Olin'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.

Olin's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Olin's Receivables Turnover distribution charts can be found below:

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

Olin Receivables Turnover Calculation

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

Olin'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 )
=	6265.861	/ (	(805.232	+	723.88)	/	2 )
=	6265.861	/	764.556
=	8.20

Olin'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 )
=	1504.476	/ (	(723.88	+	764.152)	/	2 )
=	1504.476	/	744.016
=	2.02

Olin (FRA:OLN) 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.

Olin Receivables Turnover Related Terms

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Olin (FRA:OLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Olin Corp (FRA:OLN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

OLN:USA

Address

190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105

Website

https://www.olin.com

Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.