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Bayerische Motoren Werke AG (LTS:0O0U) Receivables Turnover : 0.79 (As of Sep. 2024)


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What is Bayerische Motoren Werke AG 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. Bayerische Motoren Werke AG's Revenue for the three months ended in Sep. 2024 was €32,406 Mil. Bayerische Motoren Werke AG's average Accounts Receivable for the three months ended in Sep. 2024 was €41,153 Mil. Hence, Bayerische Motoren Werke AG's Receivables Turnover for the three months ended in Sep. 2024 was 0.79.


Bayerische Motoren Werke AG Receivables Turnover Historical Data

The historical data trend for Bayerische Motoren Werke AG'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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Bayerische Motoren Werke AG Receivables Turnover Chart

Bayerische Motoren Werke AG 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 2.45 2.40 2.91 3.68 3.86

Bayerische Motoren Werke AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.99 1.07 0.89 0.90 0.79

Competitive Comparison of Bayerische Motoren Werke AG's Receivables Turnover

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bayerische Motoren Werke AG's Receivables Turnover falls into.



Bayerische Motoren Werke AG Receivables Turnover Calculation

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

Bayerische Motoren Werke AG'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 )
=155498 / ((39467 + 41000) / 2 )
=155498 / 40233.5
=3.86

Bayerische Motoren Werke AG's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=32406 / ((41446 + 40859) / 2 )
=32406 / 41152.5
=0.79

* 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.


Bayerische Motoren Werke AG  (LTS:0O0U) 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.


Bayerische Motoren Werke AG Receivables Turnover Related Terms

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Bayerische Motoren Werke AG Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). In terms of sales volumes, Asia and Europe are BMW's largest regions, contributing 39% and 38%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end priced vehicles.

Bayerische Motoren Werke AG Headlines

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