Berkshire Grey (Berkshire Grey) Receivables Turnover : 0.74 (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Berkshire Grey 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. Berkshire Grey's Revenue for the three months ended in Mar. 2023 was $6.31 Mil. Berkshire Grey's average Accounts Receivable for the three months ended in Mar. 2023 was $8.57 Mil. Hence, Berkshire Grey's Receivables Turnover for the three months ended in Mar. 2023 was 0.74.

Berkshire Grey Receivables Turnover Historical Data

The historical data trend for Berkshire Grey'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.

Berkshire Grey Receivables Turnover Chart

Berkshire Grey Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

14.11

4.02

3.39

7.20

Berkshire Grey Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Receivables Turnover	Get a 7-Day Free Trial								0.38	1.79	2.61	2.19	0.74

Competitive Comparison of Berkshire Grey's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Berkshire Grey'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.

Berkshire Grey's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Berkshire Grey's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Berkshire Grey's Receivables Turnover falls into.

Berkshire Grey Receivables Turnover Calculation

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

Berkshire Grey'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 )
=	65.85	/ (	(13.291	+	5.006)	/	2 )
=	65.85	/	9.1485
=	7.20

Berkshire Grey's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	6.309	/ (	(5.006	+	12.135)	/	2 )
=	6.309	/	8.5705
=	0.74

Berkshire Grey (NAS:BGRYW) 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.

Berkshire Grey Receivables Turnover Related Terms

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

Berkshire Grey (Berkshire Grey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Berkshire Grey Inc (NAS:BGRYW) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 South Road, Bedford, MA, USA, 01730

Website

https://www.berkshiregrey.com

Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Its solutions are a fundamental engine of change that transforms pick, pack, move, store, organize and sort operations to deliver a competitive advantage for enterprises. Majority of the revenue is derived from North America.