Berentzen-Gruppe AG (XTER:BEZ) Receivables Turnover : 7.84 (As of Dec. 2023)

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What is Berentzen-Gruppe 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. Berentzen-Gruppe AG's Revenue for the six months ended in Dec. 2023 was €96.7 Mil. Berentzen-Gruppe AG's average Accounts Receivable for the six months ended in Dec. 2023 was €12.3 Mil. Hence, Berentzen-Gruppe AG's Receivables Turnover for the six months ended in Dec. 2023 was 7.84.

Berentzen-Gruppe AG Receivables Turnover Historical Data

The historical data trend for Berentzen-Gruppe 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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Berentzen-Gruppe AG Receivables Turnover Chart

Berentzen-Gruppe AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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10.72

11.64

15.16

19.19

15.56

Berentzen-Gruppe AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															9.95	8.62	8.88	8.05	7.84

Competitive Comparison of Berentzen-Gruppe AG's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Berentzen-Gruppe 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.

Berentzen-Gruppe AG's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Berentzen-Gruppe AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Berentzen-Gruppe AG's Receivables Turnover falls into.

Berentzen-Gruppe AG Receivables Turnover Calculation

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

Berentzen-Gruppe AG'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 )
=	185.65	/ (	(10.642	+	13.219)	/	2 )
=	185.65	/	11.9305
=	15.56

Berentzen-Gruppe AG'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	96.674	/ (	(11.453	+	13.219)	/	2 )
=	96.674	/	12.336
=	7.84

Berentzen-Gruppe AG (XTER:BEZ) 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.

Berentzen-Gruppe AG Receivables Turnover Related Terms

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Berentzen-Gruppe AG (XTER:BEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Berentzen-Gruppe AG (XTER:BEZ) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BEZ:Germany BEZ:Germany BEZ:Germany

Address

Ritterstrasse 7, Haselunne, DEU, 49740

Website

https://www.berentzen-gruppe.de/en

Berentzen-Gruppe AG engages in the production and distribution of spirits, and alcoholic and non-alcoholic beverages. Its products comprise liquors, brandies, vodka, lemonades, fruit juices, bio soft drinks, and mineral water. It operates through the Spirits, Non-Alcoholic Beverages, Fresh Juice Systems and Other segments. The Spirits segment which generates the majority of revenue focuses on the marketing and distribution of domestic branded spirits and export and private label brands. The Non Alcoholic Beverages segment distributes and markets beverages such as soft drinks, juices, and water. Fresh Juice Systems develops, markets, distributes and sells fruit presses, oranges and filling containers. Other segments includes the tourism, events and webshop business of the Berentzen Group.

Berentzen-Gruppe AG (XTER:BEZ) Headlines

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