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Banader Hotels Co BSC (BAH:BANADER) Receivables Turnover : 1.66 (As of Sep. 2023)


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What is Banader Hotels Co BSC 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. Banader Hotels Co BSC's Revenue for the three months ended in Sep. 2023 was BHD0.67 Mil. Banader Hotels Co BSC's average Accounts Receivable for the three months ended in Sep. 2023 was BHD0.41 Mil. Hence, Banader Hotels Co BSC's Receivables Turnover for the three months ended in Sep. 2023 was 1.66.


Banader Hotels Co BSC Receivables Turnover Historical Data

The historical data trend for Banader Hotels Co BSC'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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Banader Hotels Co BSC Receivables Turnover Chart

Banader Hotels Co BSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.29 12.66 4.60 9.86 16.88

Banader Hotels Co BSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.63 2.74 2.78 1.68 1.66

Competitive Comparison of Banader Hotels Co BSC's Receivables Turnover

For the Lodging subindustry, Banader Hotels Co BSC'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.


Banader Hotels Co BSC's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Banader Hotels Co BSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Banader Hotels Co BSC's Receivables Turnover falls into.



Banader Hotels Co BSC Receivables Turnover Calculation

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

Banader Hotels Co BSC's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=2.768 / ((0.088 + 0.24) / 2 )
=2.768 / 0.164
=16.88

Banader Hotels Co BSC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0.672 / ((0.439 + 0.373) / 2 )
=0.672 / 0.406
=1.66

* 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.


Banader Hotels Co BSC  (BAH:BANADER) 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.


Banader Hotels Co BSC Receivables Turnover Related Terms

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Banader Hotels Co BSC (BAH:BANADER) Business Description

Traded in Other Exchanges
N/A
Address
Road 2813, Block 428, Flat 52, Building 1006, P.O. Box 2474, Manama, BHR
Banader Hotels Co BSC is involved in building and investing in hotels. The company provides Rooms, and Food and Beverages. Banader Hotels caters its services to only Bahrain market.

Banader Hotels Co BSC (BAH:BANADER) Headlines

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