Raubex Group (FRA:B7P) Receivables Turnover : 4.29 (As of Feb. 2024)

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What is Raubex Group 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. Raubex Group's Revenue for the six months ended in Feb. 2024 was €437.7 Mil. Raubex Group's average Accounts Receivable for the six months ended in Feb. 2024 was €102.0 Mil. Hence, Raubex Group's Receivables Turnover for the six months ended in Feb. 2024 was 4.29.

Raubex Group Receivables Turnover Historical Data

The historical data trend for Raubex Group'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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Raubex Group Receivables Turnover Chart

Raubex Group Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Receivables Turnover

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5.48

5.71

7.40

8.02

8.72

Raubex Group Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															3.01	3.73	3.70	4.18	4.29

Competitive Comparison of Raubex Group's Receivables Turnover

For the Engineering & Construction subindustry, Raubex Group'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.

Raubex Group's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raubex Group's Receivables Turnover distribution charts can be found below:

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

Raubex Group Receivables Turnover Calculation

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

Raubex Group's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Receivables Turnover (A: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Feb. 2024 )	/ (	(Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )
=	849.414	/ (	(94.158	+	100.689)	/	2 )
=	849.414	/	97.4235
=	8.72

Raubex Group's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	437.713	/ (	(103.255	+	100.689)	/	2 )
=	437.713	/	101.972
=	4.29

Raubex Group (FRA:B7P) 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.

Raubex Group Receivables Turnover Related Terms

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Raubex Group (FRA:B7P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Raubex Group Ltd (FRA:B7P) » Definitions » Receivables Turnover

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RBX:South Africa

Address

Kenneth Kaunda Road Extension, Noordstad, Cleveley, Bloemfontein, FS, ZAF, 9300

Website

https://www.raubex.com

Raubex Group Ltd is a South African infrastructure development and construction materials supply group. It operates across South Africa as well as throughout southern Africa. The group consists of three divisions as follows: The materials division specializes in the supply of aggregates from commercial quarries and is a provider of materials handling and screening services to the mining industry. Roads and Earthworks Division specializes in road construction and earthworks as well as road surfacing and rehabilitation which includes the manufacturing and laying of asphalt, chip and spray, surface dressing, enrichments, and slurry seals. The infrastructure division specializes in disciplines outside the road construction sector, including energy, rail, and telecommunications.

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