Borgosesia SpA (MIL:BO) Receivables Turnover : 0.70 (As of Dec. 2023)

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What is Borgosesia SpA 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. Borgosesia SpA's Revenue for the six months ended in Dec. 2023 was €3.06 Mil. Borgosesia SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €4.38 Mil. Hence, Borgosesia SpA's Receivables Turnover for the six months ended in Dec. 2023 was 0.70.

Borgosesia SpA Receivables Turnover Historical Data

The historical data trend for Borgosesia SpA'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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Borgosesia SpA Receivables Turnover Chart

Borgosesia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

16.98

6.48

9.23

17.88

9.91

Borgosesia SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.59	3.77	10.23	2.86	0.70

Competitive Comparison of Borgosesia SpA's Receivables Turnover

For the Textile Manufacturing subindustry, Borgosesia SpA'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.

Borgosesia SpA's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Borgosesia SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Borgosesia SpA's Receivables Turnover falls into.

Borgosesia SpA Receivables Turnover Calculation

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

Borgosesia SpA'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 )
=	14.607	/ (	(1.127	+	1.821)	/	2 )
=	14.607	/	1.474
=	9.91

Borgosesia SpA'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 )
=	3.06	/ (	(6.941	+	1.821)	/	2 )
=	3.06	/	4.381
=	0.70

Borgosesia SpA (MIL:BO) 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.

Borgosesia SpA Receivables Turnover Related Terms

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Borgosesia SpA (MIL:BO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Borgosesia SpA (MIL:BO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale Majno, 10, Milano, ITA, 20129

Website

http://www.borgosesiaspa.com

Borgosesia SpA is a joint-stock company active in the field of investments in alternative assets as well as in its management on behalf of third-party investors. The company is engaged in the acquisition of real estate assets mainly buildings for residential use that are under construction. The group is represented by real estate with a focus on the purchase of properties to be completed or revitalized mainly for residential use located in large urban and tourist centers. Its properties include Cernobbio, Green Villas, LargoArtide, and Lainate Business park. The mission of Borgosesia is to create value for large and small investors, seizing the opportunities offered by investments that have limited risk but high potential in corporate crisis situations or one which needs new impetus.

Borgosesia SpA (MIL:BO) Headlines

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