Baidu (BUE:BIDU) Receivables Turnover : 3.35 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Baidu 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. Baidu's Revenue for the three months ended in Sep. 2024 was ARS4,507,621 Mil. Baidu's average Accounts Receivable for the three months ended in Sep. 2024 was ARS1,347,245 Mil. Hence, Baidu's Receivables Turnover for the three months ended in Sep. 2024 was 3.35.

Baidu Receivables Turnover Historical Data

The historical data trend for Baidu'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.

Baidu Receivables Turnover Chart

Baidu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

19.04

15.58

14.83

13.51

16.39

Baidu 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															3.66	3.33	4.03	3.16	3.35

Competitive Comparison of Baidu's Receivables Turnover

For the Internet Content & Information subindustry, Baidu'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.

Baidu's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's Receivables Turnover distribution charts can be found below:

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

Baidu Receivables Turnover Calculation

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

Baidu'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 )
=	6805114.423	/ (	(282146.016	+	548461.948)	/	2 )
=	6805114.423	/	415303.982
=	16.39

Baidu'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 )
=	4507621.326	/ (	(1371634.389	+	1322855.285)	/	2 )
=	4507621.326	/	1347244.837
=	3.35

Baidu (BUE:BIDU) 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.

Baidu Receivables Turnover Related Terms

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

Baidu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baidu Inc (BUE:BIDU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BAIDF:USA BIDU:USA BIDU80:Thailand BIDU:Peru BIDUN:Mexico 09888:Hong Kong B1CB:Germany B1CB:Germany B1CB:Germany B1C:Germany B1C:Germany B1C:Germany BIDU34:Brazil B1C:Bulgaria BIDU:Austria

Address

No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085

Website

https://ir.baidu.com

Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.