ECO Buildings Group (LSE:ECOB) Receivables Turnover : 0.07 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is ECO Buildings 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. ECO Buildings Group's Revenue for the six months ended in Dec. 2023 was £0.09 Mil. ECO Buildings Group's average Accounts Receivable for the six months ended in Dec. 2023 was £1.36 Mil. Hence, ECO Buildings Group's Receivables Turnover for the six months ended in Dec. 2023 was 0.07.

ECO Buildings Group Receivables Turnover Historical Data

The historical data trend for ECO Buildings 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.

* Premium members only.

ECO Buildings Group Receivables Turnover Chart

ECO Buildings Group Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

0.40

ECO Buildings Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	-	0.02	0.07

Competitive Comparison of ECO Buildings Group's Receivables Turnover

For the Building Materials subindustry, ECO Buildings 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.

ECO Buildings Group's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ECO Buildings Group's Receivables Turnover distribution charts can be found below:

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

ECO Buildings Group Receivables Turnover Calculation

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

ECO Buildings Group'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 )
=	0.121	/ (	(0.078	+	0.528)	/	2 )
=	0.121	/	0.303
=	0.40

ECO Buildings Group'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0.093	/ (	(2.182	+	0.528)	/	2 )
=	0.093	/	1.355
=	0.07

ECO Buildings Group (LSE:ECOB) 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.

ECO Buildings Group Receivables Turnover Related Terms

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

ECO Buildings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ECO Buildings Group PLC (LSE:ECOB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ECOB:UK

Address

160 Camden High Street, London, GBR, NW1 0NE

Website

https://www.eco-buildings.net

ECO Buildings Group Plc will operate in the prefabricated modular housing sector. The company has acquired the proven and innovative prefabricated modular technology using glass fibre-reinforced gypsum (GFRG), an alternative construction method to achieve faster and more economical development of residential, commercial, and industrial dwellings. Eco Buildings' range of modular housing products provides a solution for the construction of both affordable and high-end housing, with Eco Buildings' products being up to 50% cheaper, two-thirds lighter and five times faster to deploy than conventionally built homes.

ECO Buildings Group Headlines

No Headlines