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IBC Advanced Alloys (IBC Advanced Alloys) Receivables Turnover : 2.69 (As of Mar. 2024)


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What is IBC Advanced Alloys 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. IBC Advanced Alloys's Revenue for the three months ended in Mar. 2024 was $10.24 Mil. IBC Advanced Alloys's average Accounts Receivable for the three months ended in Mar. 2024 was $3.80 Mil. Hence, IBC Advanced Alloys's Receivables Turnover for the three months ended in Mar. 2024 was 2.69.


IBC Advanced Alloys Receivables Turnover Historical Data

The historical data trend for IBC Advanced Alloys'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.

IBC Advanced Alloys Receivables Turnover Chart

IBC Advanced Alloys Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.19 6.77 7.54 8.44 7.39

IBC Advanced Alloys 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 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 1.86 1.81 1.63 2.85 2.69

Competitive Comparison of IBC Advanced Alloys's Receivables Turnover

For the Metal Fabrication subindustry, IBC Advanced Alloys'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.


IBC Advanced Alloys's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IBC Advanced Alloys's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IBC Advanced Alloys's Receivables Turnover falls into.



IBC Advanced Alloys Receivables Turnover Calculation

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

IBC Advanced Alloys's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=28.547 / ((3.625 + 4.102) / 2 )
=28.547 / 3.8635
=7.39

IBC Advanced Alloys'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 )
=10.241 / ((2.977 + 4.628) / 2 )
=10.241 / 3.8025
=2.69

* 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.


IBC Advanced Alloys  (OTCPK:IAALF) 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.


IBC Advanced Alloys Receivables Turnover Related Terms

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IBC Advanced Alloys (IBC Advanced Alloys) Business Description

Traded in Other Exchanges
Address
401 Arvin Road, Franklin, IN, USA, 46131-1549
IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through three reportable segments namely Copper Alloys, Engineered Materials, and Corporate. The company generates the majority of its revenue from Copper Alloys.