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. Bagfas Bandirma Gubre Fabrikalari AS's Revenue for the
six
months ended in Dec. 2023 was ₺2,882 Mil. Bagfas Bandirma Gubre Fabrikalari AS's average Accounts Receivable for the
six
months ended in Dec. 2023 was ₺2 Mil.
Hence, Bagfas Bandirma Gubre Fabrikalari AS's Receivables Turnover for the
six
months ended in Dec. 2023 was 1,612.24.
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) 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.
Bagfas Bandirma Gubre Fabrikalari AS Receivables Turnover Related Terms
Bagfas Bandirma Gubre Fabrikalari AS Receivables Turnover Historical Data
* 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.
Bagfas Bandirma Gubre Fabrikalari AS Receivables Turnover Chart
IST:BAGFS vs CTVA, CF, MOS: Receivables Turnover Comparison
For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari AS'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.
Bagfas Bandirma Gubre Fabrikalari AS Receivables Turnover vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's Receivables Turnover falls into.
* 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.
What does a Receivables Turnover of 1,612.24 mean?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a Receivables Turnover of 1,612.24 as of Dec. 2023. The accounts 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. View historical data on Bagfas Bandirma Gubre Fabrikalari AS and its competitors.
Is Bagfas Bandirma Gubre Fabrikalari AS's Receivables Turnover too high?
Bagfas Bandirma Gubre Fabrikalari AS's current Receivables Turnover is 1,612.24. The Agriculture industry median Receivables Turnover is 5.34. Bagfas Bandirma Gubre Fabrikalari AS's value of 1,612.24 is 30091.8% above this industry median. Overall, Bagfas Bandirma Gubre Fabrikalari AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Bagfas Bandirma Gubre Fabrikalari AS's Receivables Turnover compare to CTVA and CF?
Bagfas Bandirma Gubre Fabrikalari AS's Receivables Turnover of 1,612.24 can be compared against companies in the Agriculture industry. The industry median Receivables Turnover is 5.34. Bagfas Bandirma Gubre Fabrikalari AS's value of 1,612.24 is 30091.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.34, based on 247 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bagfas Bandirma Gubre Fabrikalari AS's current Receivables Turnover of 1,612.24 is 30091.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Bagfas Bandirma Gubre Fabrikalari AS and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bagfas Bandirma Gubre Fabrikalari AS's current Receivables Turnover is 1,612.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bagfas Bandirma Gubre Fabrikalari AS stock overvalued right now?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a current Receivables Turnover of 1,612.24. The current Receivables Turnover is 1,612.24 and 30091.8% above the Agriculture industry median of 5.34. Bagfas Bandirma Gubre Fabrikalari AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS), the current Receivables Turnover is 1,612.24 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bagfas Bandirma Gubre Fabrikalari AS Business Description
Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.
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