BGSF (FRA:BGK0) Receivables Turnover : 1.54 (As of Dec. 2024)

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What is BGSF 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. BGSF's Revenue for the three months ended in Dec. 2024 was €61.5 Mil. BGSF's average Accounts Receivable for the three months ended in Dec. 2024 was €39.9 Mil. Hence, BGSF's Receivables Turnover for the three months ended in Dec. 2024 was 1.54.

BGSF Receivables Turnover Historical Data

The historical data trend for BGSF'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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BGSF Receivables Turnover Chart

BGSF Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.45

6.08

5.36

5.01

5.75

BGSF Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.17	1.26	1.39	1.52	1.54

Competitive Comparison of BGSF's Receivables Turnover

For the Staffing & Employment Services subindustry, BGSF'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.

BGSF's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BGSF's Receivables Turnover distribution charts can be found below:

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

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BGSF Receivables Turnover Calculation

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

BGSF's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	260.237	/ (	(52.064	+	38.385)	/	2 )
=	260.237	/	45.2245
=	5.75

BGSF's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	61.512	/ (	(41.513	+	38.385)	/	2 )
=	61.512	/	39.949
=	1.54

BGSF (FRA:BGK0) 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.

BGSF Receivables Turnover Related Terms

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BGSF Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BGSF Inc (FRA:BGK0) » Definitions » Receivables Turnover

Comparable Companies

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BGSF:USA

Address

5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024

Website

https://www.bgsf.com

BGSF Inc is a national provider of consulting, managed services, and professional workforce solutions. two segments: Property Management and Professional. In the Property Management segment is a provider of office and maintenance talent. The Professional segment provides IT professionals with expertise in SAP, Workday, Peoplesoft, Hyperion, Oracle, One Stream, cyber, project management, managed services, and other IT workforce solutions to client partners on a national basis. The group generates the majority of its revenue from the Professional segment.

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