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Bahrain Cinema Co BSC (BAH:CINECO) Receivables Turnover : 8.06 (As of Mar. 2024)


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What is Bahrain Cinema 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. Bahrain Cinema Co BSC's Revenue for the three months ended in Mar. 2024 was BHD0.89 Mil. Bahrain Cinema Co BSC's average Accounts Receivable for the three months ended in Mar. 2024 was BHD0.11 Mil. Hence, Bahrain Cinema Co BSC's Receivables Turnover for the three months ended in Mar. 2024 was 8.06.


Bahrain Cinema Co BSC Receivables Turnover Historical Data

The historical data trend for Bahrain Cinema 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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Bahrain Cinema Co BSC Receivables Turnover Chart

Bahrain Cinema Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.90 11.96 14.90 23.17 30.76

Bahrain Cinema Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.91 5.09 4.71 5.41 8.06

Competitive Comparison of Bahrain Cinema Co BSC's Receivables Turnover

For the Entertainment subindustry, Bahrain Cinema 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.


Bahrain Cinema Co BSC's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bahrain Cinema Co BSC's Receivables Turnover distribution charts can be found below:

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



Bahrain Cinema Co BSC Receivables Turnover Calculation

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

Bahrain Cinema Co BSC'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 )
=4.968 / ((0.203 + 0.12) / 2 )
=4.968 / 0.1615
=30.76

Bahrain Cinema Co BSC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.887 / ((0.12 + 0.1) / 2 )
=0.887 / 0.11
=8.06

* 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.


Bahrain Cinema Co BSC  (BAH:CINECO) 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.


Bahrain Cinema Co BSC Receivables Turnover Related Terms

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Bahrain Cinema Co BSC (BAH:CINECO) Business Description

Traded in Other Exchanges
N/A
Address
Road 1010, Building 470, P.O. Box 26573, Block 410, Floor 27, Fakhro Tower, Sanabis, Manama, BHR
Bahrain Cinema Co BSC is engaged in screening films in the Kingdom of Bahrain. Group operates through Theatre Operations, Restaurants and Concession Counters, and Others segments which include corporate office assets and vehicles. It also engaged in the sale of video and music cassettes, compact discs, advertisements and operation of restaurants and providing leisure and amusement related services.

Bahrain Cinema Co BSC (BAH:CINECO) Headlines

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