BP Castrol KK (BP Castrol KK) Receivables Turnover : 1.12 (As of Mar. 2024)

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What is BP Castrol KK 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. BP Castrol KK's Revenue for the three months ended in Mar. 2024 was $18.78 Mil. BP Castrol KK's average Accounts Receivable for the three months ended in Mar. 2024 was $16.72 Mil. Hence, BP Castrol KK's Receivables Turnover for the three months ended in Mar. 2024 was 1.12.

BP Castrol KK Receivables Turnover Historical Data

The historical data trend for BP Castrol KK'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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BP Castrol KK Receivables Turnover Chart

BP Castrol KK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.15

4.75

4.44

4.09

4.55

BP Castrol KK 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															1.27	1.58	1.38	1.38	1.12

Competitive Comparison of BP Castrol KK's Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, BP Castrol KK'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.

BP Castrol KK's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BP Castrol KK's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BP Castrol KK's Receivables Turnover falls into.

BP Castrol KK Receivables Turnover Calculation

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

BP Castrol KK'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 )
=	83.601	/ (	(18.439	+	18.302)	/	2 )
=	83.601	/	18.3705
=	4.55

BP Castrol KK'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 )
=	18.783	/ (	(18.302	+	15.14)	/	2 )
=	18.783	/	16.721
=	1.12

BP Castrol KK (OTCPK:BPKKF) 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.

BP Castrol KK Receivables Turnover Related Terms

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BP Castrol KK (BP Castrol KK) Business Description

Industry

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5015:Japan

Address

1-11-2 Osaki Shinagawa-ku, Gate City Osaki, East Tower 20F, Tokyo, JPN, 141-0032

Website

http://www.bpcastrol.com

BP Castrol KK engages in the development, manufacture, import, and sale of automotive lubricating oil in Japan. The company sells its product under the brand name BP brand and the Castrol brand. The BP brand is divided into Vervis, Vervis sport, and mini. The Castrol brand is the top brand of lubricant. Both the brands are used for the consumer business and professional business.

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