GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Babylon Pump & Power Ltd (ASX:BPP) » Definitions » Receivables Turnover

Babylon Pump & Power (ASX:BPP) Receivables Turnover : 3.36 (As of Jun. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Babylon Pump & Power 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. Babylon Pump & Power's Revenue for the six months ended in Jun. 2024 was A$19.36 Mil. Babylon Pump & Power's average Accounts Receivable for the six months ended in Jun. 2024 was A$5.76 Mil. Hence, Babylon Pump & Power's Receivables Turnover for the six months ended in Jun. 2024 was 3.36.


Babylon Pump & Power Receivables Turnover Historical Data

The historical data trend for Babylon Pump & Power'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.

Babylon Pump & Power Receivables Turnover Chart

Babylon Pump & Power Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.17 6.24 6.58 6.42 8.04

Babylon Pump & Power Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.98 2.85 3.43 3.54 3.36

Competitive Comparison of Babylon Pump & Power's Receivables Turnover

For the Rental & Leasing Services subindustry, Babylon Pump & Power'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.


Babylon Pump & Power's Receivables Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where Babylon Pump & Power's Receivables Turnover falls into.



Babylon Pump & Power Receivables Turnover Calculation

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

Babylon Pump & Power's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=41.738 / ((5.758 + 4.631) / 2 )
=41.738 / 5.1945
=8.04

Babylon Pump & Power's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=19.358 / ((6.884 + 4.631) / 2 )
=19.358 / 5.7575
=3.36

* 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.


Babylon Pump & Power  (ASX:BPP) 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.


Babylon Pump & Power Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Babylon Pump & Power's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Babylon Pump & Power Business Description

Traded in Other Exchanges
N/A
Address
1 Port Place, High Wycombe, Perth, WA, AUS, 6057
Babylon Pump & Power Ltd is an Australia-based provider of rental equipment. Babylon considers its two business units as its reporting segments. The Maintenance segment focuses on rebuild and maintenance services for large diesel driven equipment including field service work and high-pressure water blasting and ancillary services to the resources sector. The Rental segment provides rental services of specialty diesel driven pumping and power generation equipment. Geographically, it operates only in Australia.

Babylon Pump & Power Headlines

No Headlines