KGSPF (Kingspan Group) Receivables Turnover : 3.22 (As of Dec. 2024)

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What is Kingspan Group 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. Kingspan Group's Revenue for the six months ended in Dec. 2024 was $4,650 Mil. Kingspan Group's average Accounts Receivable for the six months ended in Dec. 2024 was $1,444 Mil. Hence, Kingspan Group's Receivables Turnover for the six months ended in Dec. 2024 was 3.22.

Kingspan Group Receivables Turnover Historical Data

The historical data trend for Kingspan Group'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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Kingspan Group Receivables Turnover Chart

Kingspan Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.75

7.30

7.49

7.50

7.67

Kingspan Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.98	3.06	3.08	3.17	3.22

Competitive Comparison of Kingspan Group's Receivables Turnover

For the Building Products & Equipment subindustry, Kingspan Group'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.

Kingspan Group's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingspan Group's Receivables Turnover distribution charts can be found below:

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

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Kingspan Group Receivables Turnover Calculation

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

Kingspan Group'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 )
=	9013.613	/ (	(1147.001	+	1202.304)	/	2 )
=	9013.613	/	1174.6525
=	7.67

Kingspan Group'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	4650.262	/ (	(1685.684	+	1202.304)	/	2 )
=	4650.262	/	1443.994
=	3.22

Kingspan Group (OTCPK:KGSPF) 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.

Kingspan Group Receivables Turnover Related Terms

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Kingspan Group Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KGSPY:USA KRX:Ireland KRXi:UK 0KGP:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group PLC is a building products manufacturer with a global portfolio that focuses on building envelope products and systems that want to improve the energy efficiency of the built environment. Having entered insulation products markets in the 1980s, the group's scope has expanded significantly in the decades since to now include roofing, flooring, natural light ventilation, and water recycling solutions, as well as piping and ducting products used in HVAC and district heating applications. Kingspan has a global manufacturing footprint of more than 210 manufacturing sites spread across some 80 countries.