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Bicicletas Monark (BSP:BMKS3) Receivables Turnover : 0.98 (As of Sep. 2024)


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What is Bicicletas Monark 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. Bicicletas Monark's Revenue for the three months ended in Sep. 2024 was R$4.69 Mil. Bicicletas Monark's average Accounts Receivable for the three months ended in Sep. 2024 was R$4.77 Mil. Hence, Bicicletas Monark's Receivables Turnover for the three months ended in Sep. 2024 was 0.98.


Bicicletas Monark Receivables Turnover Historical Data

The historical data trend for Bicicletas Monark'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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Bicicletas Monark Receivables Turnover Chart

Bicicletas Monark 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 3.38 3.97 3.11 3.89 3.64

Bicicletas Monark Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.09 0.94 0.61 0.99 0.98

Competitive Comparison of Bicicletas Monark's Receivables Turnover

For the Leisure subindustry, Bicicletas Monark'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.


Bicicletas Monark's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bicicletas Monark's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bicicletas Monark's Receivables Turnover falls into.



Bicicletas Monark Receivables Turnover Calculation

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

Bicicletas Monark'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 )
=15.91 / ((4.171 + 4.559) / 2 )
=15.91 / 4.365
=3.64

Bicicletas Monark's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=4.691 / ((4.425 + 5.118) / 2 )
=4.691 / 4.7715
=0.98

* 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.


Bicicletas Monark  (BSP:BMKS3) 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.


Bicicletas Monark Receivables Turnover Related Terms

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Bicicletas Monark Business Description

Traded in Other Exchanges
N/A
Address
R Francisco Lanzi Tancler 130, Distrito Indu, Indaiatuba, SP, BRA, 4711902
Bicicletas Monark SA manufactures and sells bicycles. It offers aluminum, BMX, men's and women's sportswear, and transportation bicycles. The company's portfolio includes various product lines, such as Aluminio, BMX, mountain bike.

Bicicletas Monark Headlines

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