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AG Barr (LSE:BAG) Receivables Turnover : 2.47 (As of Jan. 2024)


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What is AG Barr 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. AG Barr's Revenue for the six months ended in Jan. 2024 was £189.6 Mil. AG Barr's average Accounts Receivable for the six months ended in Jan. 2024 was £76.9 Mil. Hence, AG Barr's Receivables Turnover for the six months ended in Jan. 2024 was 2.47.


AG Barr Receivables Turnover Historical Data

The historical data trend for AG Barr'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.

AG Barr Receivables Turnover Chart

AG Barr Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 5.01 6.96 6.52 6.92

AG Barr Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 2.63 2.87 2.57 2.81 2.47

Competitive Comparison of AG Barr's Receivables Turnover

For the Beverages - Non-Alcoholic subindustry, AG Barr'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.


AG Barr's Receivables Turnover Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, AG Barr's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AG Barr's Receivables Turnover falls into.



AG Barr Receivables Turnover Calculation

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

AG Barr's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=400 / ((55.8 + 59.8) / 2 )
=400 / 57.8
=6.92

AG Barr's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Jul. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=189.6 / ((93.9 + 59.8) / 2 )
=189.6 / 76.85
=2.47

* 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.


AG Barr  (LSE:BAG) 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.


AG Barr Receivables Turnover Related Terms

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AG Barr (LSE:BAG) Business Description

Traded in Other Exchanges
Address
4 Mollins Road, Westfield House, Cumbernauld, GBR, G68 9HD
AG Barr PLC manufacture, distribute and sell a range of beverages in the United Kingdom. It distributes its products to wholesalers and retailers. The company's brands include Irn-Bru, Rubicon, Strathmore, and Funkin. It operates in three business segments which include Soft drinks, Cocktail solutions, and others. The majority of sales come from the soft drinks segment, which includes two business units, Barr Soft Drinks, and Boost Drinks. Geographically it generates key revenue from the United Kingdom.

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