Kuzey Boru AS (IST:KBORU) Receivables Turnover : 0.86 (As of Dec. 2024)

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What is Kuzey Boru AS 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. Kuzey Boru AS's Revenue for the three months ended in Dec. 2024 was ₺654 Mil. Kuzey Boru AS's average Accounts Receivable for the three months ended in Dec. 2024 was ₺758 Mil. Hence, Kuzey Boru AS's Receivables Turnover for the three months ended in Dec. 2024 was 0.86.

Kuzey Boru AS Receivables Turnover Historical Data

The historical data trend for Kuzey Boru AS'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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Kuzey Boru AS Receivables Turnover Chart

Kuzey Boru AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

19.77

7.23

10.72

6.82

4.69

Kuzey Boru AS Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial						1.72	1.48	1.61	2.18	0.86

Competitive Comparison of Kuzey Boru AS's Receivables Turnover

For the Building Materials subindustry, Kuzey Boru 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.

Kuzey Boru AS's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuzey Boru AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kuzey Boru AS's Receivables Turnover falls into.

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Kuzey Boru AS Receivables Turnover Calculation

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

Kuzey Boru AS'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 )
=	3954.814	/ (	(647.451	+	1040.025)	/	2 )
=	3954.814	/	843.738
=	4.69

Kuzey Boru AS'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 )
=	653.846	/ (	(475.945	+	1040.025)	/	2 )
=	653.846	/	757.985
=	0.86

Kuzey Boru AS (IST:KBORU) 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.

Kuzey Boru AS Receivables Turnover Related Terms

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Kuzey Boru AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kuzey Boru AS (IST:KBORU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirimli OSB Mah. Find, Mehmetcik Blv No. 2, Mehmetcik, TUR

Website

https://www.kuzeyboru.com.tr

Kuzey Boru AS is a company whose main activity is the production of plastic pipes and adding parts, all kinds of steel, drawn pipe, concrete pipe, polyethylene pipe, polypropylene pipe, ductile pipe and its products. It carries out production, import-export and domestic trade.

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