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Erbud (WAR:ERB) Receivables Turnover : 1.32 (As of Mar. 2024)


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What is Erbud 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. Erbud's Revenue for the three months ended in Mar. 2024 was zł644 Mil. Erbud's average Accounts Receivable for the three months ended in Mar. 2024 was zł488 Mil. Hence, Erbud's Receivables Turnover for the three months ended in Mar. 2024 was 1.32.


Erbud Receivables Turnover Historical Data

The historical data trend for Erbud'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.

* Premium members only.

Erbud Receivables Turnover Chart

Erbud Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 5.11 6.19 6.00 5.46

Erbud 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 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 1.14 1.52 1.41 1.33 1.32

Competitive Comparison of Erbud's Receivables Turnover

For the Engineering & Construction subindustry, Erbud'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.


Erbud's Receivables Turnover Distribution in the Construction Industry

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

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



Erbud Receivables Turnover Calculation

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

Erbud'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 )
=3234.363 / ((675.038 + 510.348) / 2 )
=3234.363 / 592.693
=5.46

Erbud'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 )
=644.267 / ((510.348 + 465.932) / 2 )
=644.267 / 488.14
=1.32

* 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.


Erbud  (WAR:ERB) 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.


Erbud Receivables Turnover Related Terms

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Erbud (WAR:ERB) Business Description

Traded in Other Exchanges
Address
Ul. Franciszka Klimczaka 1, Warszawa, POL, 02-797
Erbud SA is a Poland-based construction company. It undertakes projects for the construction of offices, shopping centers, power industries, industrial buildings and structures, residential buildings, public utilities, hotels, and hospitals. The organization is active in the business divisions of Construction activities, which relate to building construction; Development activities; Road engineering activities; and Construction activities related to engineering and maintenance services for the industry and power sector. The group operates in Poland and internationally. It derives maximum revenue from building construction activities.