Mercor (WAR:MCR) Receivables Turnover : 1.43 (As of Dec. 2023)

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What is Mercor 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. Mercor's Revenue for the three months ended in Dec. 2023 was zł145.4 Mil. Mercor's average Accounts Receivable for the three months ended in Dec. 2023 was zł101.7 Mil. Hence, Mercor's Receivables Turnover for the three months ended in Dec. 2023 was 1.43.

Mercor Receivables Turnover Historical Data

The historical data trend for Mercor'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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Mercor Receivables Turnover Chart

Mercor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.03

4.38

4.37

5.08

5.69

Mercor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.40	1.42	1.33	1.33	1.43

Competitive Comparison of Mercor's Receivables Turnover

For the Security & Protection Services subindustry, Mercor'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.

Mercor's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mercor's Receivables Turnover distribution charts can be found below:

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

Mercor Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	628.358	/ (	(110.823	+	109.981)	/	2 )
=	628.358	/	110.402
=	5.69

Mercor's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	145.412	/ (	(104.22	+	99.172)	/	2 )
=	145.412	/	101.696
=	1.43

Mercor (WAR:MCR) 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.

Mercor Receivables Turnover Related Terms

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Mercor (WAR:MCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mercor SA (WAR:MCR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Grzegorza z Sanoka 2, Gdansk, POL, 80-408

Website

http://www.mercor.com.pl

Mercor SA is engaged in manufacturing of fire protection related products and service provider for fire protection systems. Its product portfolio includes rooflight systems as well as smoke and heat exhaust systems; fire ventilation systems; fireproofing systems for building structures. Most of its products are customized as per the requirements of the customers. The company operates through subsidiaries, based in Poland, while it has its presence in Czech Republic, Ukraine, Romania, Spain, Slovakia, and Russian Federation.