GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Gubre Fabrikalari TAS (IST:GUBRF) » Definitions » Receivables Turnover

Gubre Fabrikalari TAS (IST:GUBRF) Receivables Turnover : 4.54 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Gubre Fabrikalari TAS 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. Gubre Fabrikalari TAS's Revenue for the three months ended in Dec. 2023 was ₺15,006 Mil. Gubre Fabrikalari TAS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺3,308 Mil. Hence, Gubre Fabrikalari TAS's Receivables Turnover for the three months ended in Dec. 2023 was 4.54.


Gubre Fabrikalari TAS Receivables Turnover Historical Data

The historical data trend for Gubre Fabrikalari TAS'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.

Gubre Fabrikalari TAS Receivables Turnover Chart

Gubre Fabrikalari TAS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.50 8.12 7.88 27.90 12.96

Gubre Fabrikalari TAS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.32 2.79 1.50 2.83 4.54

Competitive Comparison of Gubre Fabrikalari TAS's Receivables Turnover

For the Agricultural Inputs subindustry, Gubre Fabrikalari TAS'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.


Gubre Fabrikalari TAS's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Gubre Fabrikalari TAS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gubre Fabrikalari TAS's Receivables Turnover falls into.



Gubre Fabrikalari TAS Receivables Turnover Calculation

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

Gubre Fabrikalari TAS'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 )
=35541.344 / ((1554.49 + 3929.528) / 2 )
=35541.344 / 2742.009
=12.96

Gubre Fabrikalari TAS's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=15006.369 / ((2687.41 + 3929.528) / 2 )
=15006.369 / 3308.469
=4.54

* 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.


Gubre Fabrikalari TAS  (IST:GUBRF) 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.


Gubre Fabrikalari TAS Receivables Turnover Related Terms

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


Gubre Fabrikalari TAS (IST:GUBRF) Business Description

Traded in Other Exchanges
N/A
Address
Merdivenkoy Mahallesi, Bora Sokak. No. 1, Kat: 12-30-31, Nida Kule Goztepe Ism. No.1 K.12 (Bolum: 42, 45), Kadikoy, Istanbul, TUR, 34732
Gubre Fabrikalari TAS is involved in manufacturing and selling fertilizer and crop-protection products to the agriculture industry. The company produces solid, liquid, and powder fertilizers. The firm also operates a port service in Turkey's shipping industry.

Gubre Fabrikalari TAS (IST:GUBRF) Headlines

No Headlines