Bic (STU:BIF) Receivables Turnover : 2.27 (As of Dec. 2024)

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What is Bic 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. Bic's Revenue for the six months ended in Dec. 2024 was €1,057 Mil. Bic's average Accounts Receivable for the six months ended in Dec. 2024 was €466 Mil. Hence, Bic's Receivables Turnover for the six months ended in Dec. 2024 was 2.27.

Bic Receivables Turnover Historical Data

The historical data trend for Bic'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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Bic Receivables Turnover Chart

Bic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.66

4.99

6.00

6.36

5.82

Bic Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.44	2.69	2.48	2.56	2.27

Competitive Comparison of Bic's Receivables Turnover

For the Household & Personal Products subindustry, Bic'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.

Bic's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's Receivables Turnover distribution charts can be found below:

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

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Bic Receivables Turnover Calculation

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

Bic's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	2196.635	/ (	(356.101	+	398.808)	/	2 )
=	2196.635	/	377.4545
=	5.82

Bic's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1057.186	/ (	(533.822	+	398.808)	/	2 )
=	1057.186	/	466.315
=	2.27

Bic (STU:BIF) 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.

Bic Receivables Turnover Related Terms

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Bic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bic (STU:BIF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BICEY:USA BICEF:USA BBp:UK 0MGP:UK BB:France BIF:Germany

Address

12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110

Website

https://www.bic.com

Bic manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash, and e-commerce. Its products include BIC 3, BIC Comfort 3, BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. The company generates majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa, and Asia.

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