Acron PJSC (MIC:AKRN) Receivables Turnover: 0.14 (As of Sep. 2023)

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MIC:AKRN Acron PJSC MIC:AKRN
17 GF Score
Price ₽18,092.00
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What is Acron PJSC Receivables Turnover?

Acron PJSC MIC:AKRN +5.73% 17 Receivables Turnover is 0.14 as of Sep. 2023. GuruFocus rates MIC:AKRN with a GF Score™ of 17/100.

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. Acron PJSC's Revenue for the three months ended in Sep. 2023 was ₽6,446 Mil. Acron PJSC's average Accounts Receivable for the three months ended in Sep. 2023 was ₽46,996 Mil. Hence, Acron PJSC's Receivables Turnover for the three months ended in Sep. 2023 was 0.14.


Acron PJSC  (MIC:AKRN) 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.


Acron PJSC Receivables Turnover Related Terms


Acron PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Acron PJSC'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.

Acron PJSC Receivables Turnover Chart

Acron PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.17 49.56 36.81 34.25 25.53

Acron PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 0.00 0.00 0.80 0.78 0.14

MIC:AKRN vs CTVA, CF, MOS: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, Acron PJSC'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.


Acron PJSC Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Acron PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Acron PJSC's Receivables Turnover falls into.


MIC:AKRN
17GF Score
Acron PJSC MIC:AKRN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Acron PJSC Receivables Turnover Calculation

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

Acron PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=119864 / ((3151 + 6240) / 2 )
=119864 / 4695.5
=25.53

Acron PJSC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=6446.455 / ((42038 + 51954.456) / 2 )
=6446.455 / 46996.228
=0.14

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.14 mean?
Acron PJSC (MIC:AKRN) has a Receivables Turnover of 0.14 as of Sep. 2023. The accounts 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. View historical data on Acron PJSC and its competitors.
Is Acron PJSC's Receivables Turnover too high?
Acron PJSC's current Receivables Turnover is 0.14. The Agriculture industry median Receivables Turnover is 5.36. Acron PJSC's value of 0.14 is 97.4% below this industry median. Overall, Acron PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Acron PJSC's Receivables Turnover compare to CTVA and CF?
Acron PJSC's Receivables Turnover of 0.14 can be compared against companies in the Agriculture industry. The industry median Receivables Turnover is 5.36. Acron PJSC's value of 0.14 is 97.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.36, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acron PJSC's current Receivables Turnover of 0.14 is 97.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Acron PJSC and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acron PJSC's current Receivables Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acron PJSC stock overvalued right now?
Acron PJSC (MIC:AKRN) has a current Receivables Turnover of 0.14. The current Receivables Turnover is 0.14 and 97.4% below the Agriculture industry median of 5.36. Acron PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Acron PJSC (MIC:AKRN), the current Receivables Turnover is 0.14 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Acron PJSC Business Description

Address 12 Krasnopresnenskaya Naberezhnaya, World Trade Centre, Moscow, RUS, 123610
Acron PJSC is a Russian fertilizer producer and distributer to the agricultural industry globally. The company's segments are organized based on activity. Its segments include Acron (chemical production), Dorogobuzh (chemical production), logistics, trading, mining, and others. The company generates the vast majority of revenue through its trading and chemical production businesses. Through its large distribution and logistics activities, the company generates revenue in over 75 countries, with its largest markets being Latin America, Europe, and Russia.
17GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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