Ingrad PJSC (MIC:KFBA) Receivables Turnover: 13.40 (As of Jun. 2023)


What is Ingrad PJSC Receivables Turnover?

Ingrad PJSC MIC:KFBA +0.59% 17 Receivables Turnover is 13.40 as of Jun. 2023. GuruFocus rates MIC:KFBA 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. Ingrad PJSC's Revenue for the six months ended in Jun. 2023 was ₽32,847 Mil. Ingrad PJSC's average Accounts Receivable for the six months ended in Jun. 2023 was ₽2,452 Mil. Hence, Ingrad PJSC's Receivables Turnover for the six months ended in Jun. 2023 was 13.40.


Ingrad PJSC  (MIC:KFBA) 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.


Ingrad PJSC Receivables Turnover Related Terms


Ingrad PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ingrad 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.

Ingrad PJSC Receivables Turnover Chart

Ingrad 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 5.64 4.36 12.84 23.49 20.32

Ingrad PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 9.93 10.36 8.39 12.16 13.40

Ingrad PJSC Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, Ingrad 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.


Ingrad PJSC Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ingrad PJSC's Receivables Turnover distribution charts can be found below:

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



Ingrad PJSC Receivables Turnover Calculation

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

Ingrad 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 )
=70609.936 / ((3246.713 + 3704.157) / 2 )
=70609.936 / 3475.435
=20.32

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

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=32847 / ((0 + 2452) / 1 )
=32847 / 2452
=13.40

* 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 13.40 mean?
Ingrad PJSC (MIC:KFBA) has a Receivables Turnover of 13.40 as of Jun. 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 Ingrad PJSC and its competitors.
Is Ingrad PJSC's Receivables Turnover too high?
Ingrad PJSC's current Receivables Turnover is 13.40. The Real Estate industry median Receivables Turnover is 10.68. Ingrad PJSC's value of 13.40 is 25.5% above this industry median. Overall, Ingrad PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ingrad PJSC's Receivables Turnover compare to competitors?
Ingrad PJSC's Receivables Turnover of 13.40 can be compared against companies in the Real Estate industry. The industry median Receivables Turnover is 10.68. Ingrad PJSC's value of 13.40 is 25.5% above 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 a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.68, based on 1,665 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. Ingrad PJSC's current Receivables Turnover of 13.40 is 25.5% above 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 Ingrad PJSC and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingrad PJSC's current Receivables Turnover is 13.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingrad PJSC stock overvalued right now?
Ingrad PJSC (MIC:KFBA) has a current Receivables Turnover of 13.40. The current Receivables Turnover is 13.40 and 25.5% above the Real Estate industry median of 10.68. Ingrad 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 Ingrad PJSC (MIC:KFBA), the current Receivables Turnover is 13.40 as of Jun. 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.

Ingrad PJSC Business Description

Address Olympic Avenue, 14, Moscow, RUS, 129090
Ingrad PJSC is a real estate development company. Ingrad specializes in the construction of residential and commercial properties. The developer portfolio of the company is about 3 million square meters of the residential real estate.