Bausen (ROCO:2948) Receivables Turnover : 3.19 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Bausen 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. Bausen's Revenue for the three months ended in Mar. 2024 was NT$497 Mil. Bausen's average Accounts Receivable for the three months ended in Mar. 2024 was NT$156 Mil. Hence, Bausen's Receivables Turnover for the three months ended in Mar. 2024 was 3.19.

Bausen Receivables Turnover Historical Data

The historical data trend for Bausen'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.

Bausen Receivables Turnover Chart

Bausen Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

20.08

21.50

20.62

18.58

16.18

Bausen Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												3.94	3.85	3.51	3.30	3.19

Competitive Comparison of Bausen's Receivables Turnover

For the Home Improvement Retail subindustry, Bausen'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.

Bausen's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bausen's Receivables Turnover distribution charts can be found below:

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

Bausen Receivables Turnover Calculation

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

Bausen'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 )
=	2185.847	/ (	(124.55	+	145.694)	/	2 )
=	2185.847	/	135.122
=	16.18

Bausen's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	497.233	/ (	(145.694	+	166.17)	/	2 )
=	497.233	/	155.932
=	3.19

Bausen (ROCO:2948) 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.

Bausen Receivables Turnover Related Terms

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

Bausen (ROCO:2948) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bausen Inc (ROCO:2948) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 508, Zhongxiao East Road, 16th Floor, Section 5, Xinyi District, Taipei, TWN, 11083

Website

https://www.bausen.com

Bausen Inc is engaged in the business of distributing building materials and home decor products. The product portfolio includes hardwood flooring, timber flooring, and other related products.

Bausen (ROCO:2948) Headlines

No Headlines