Biogena Group Invest AG (WBO:BIO) Receivables Turnover : 8.30 (As of Jan. 2024)

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What is Biogena Group Invest AG 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. Biogena Group Invest AG's Revenue for the six months ended in Jan. 2024 was €0.17 Mil. Biogena Group Invest AG's average Accounts Receivable for the six months ended in Jan. 2024 was €0.02 Mil. Hence, Biogena Group Invest AG's Receivables Turnover for the six months ended in Jan. 2024 was 8.30.

Biogena Group Invest AG Receivables Turnover Historical Data

The historical data trend for Biogena Group Invest AG'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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Biogena Group Invest AG Receivables Turnover Chart

Biogena Group Invest AG Annual Data

Trend

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

1.82

1.24

1.30

8.30

Biogena Group Invest AG Semi-Annual Data
	Jan21	Jan22	Jan23	Jan24
Receivables Turnover	1.82	1.24	1.30	8.30

Competitive Comparison of Biogena Group Invest AG's Receivables Turnover

For the Packaged Foods subindustry, Biogena Group Invest AG'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.

Biogena Group Invest AG's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Biogena Group Invest AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Biogena Group Invest AG's Receivables Turnover falls into.

Biogena Group Invest AG Receivables Turnover Calculation

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

Biogena Group Invest AG's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	0.166	/ (	(0.036	+	0.004)	/	2 )
=	0.166	/	0.02
=	8.30

Biogena Group Invest AG'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: Jan. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0.166	/ (	(0.036	+	0.004)	/	2 )
=	0.166	/	0.02
=	8.30

Biogena Group Invest AG (WBO:BIO) 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.

Biogena Group Invest AG Receivables Turnover Related Terms

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Biogena Group Invest AG (WBO:BIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Biogena Group Invest AG (WBO:BIO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strubergasse 24, Salzburg, AUT, 5020

Website

https://www.biogenagroup.com

Biogena Group Invest AG is a holding company. It is engaged in the development and distribution of products and services in the field of health and nutrition. In particular, the focus is on iron, mineral and osteoporosis product innovations and new integrated solutions in the area of workplace health promotion. Its products include vitamin, mineral, enzymes, medicinal mushrooms, among others.