Grupa Azoty (WAR:ATT) Receivables Turnover : 1.85 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Grupa Azoty 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. Grupa Azoty's Revenue for the three months ended in Sep. 2024 was zł3,085 Mil. Grupa Azoty's average Accounts Receivable for the three months ended in Sep. 2024 was zł1,667 Mil. Hence, Grupa Azoty's Receivables Turnover for the three months ended in Sep. 2024 was 1.85.

Grupa Azoty Receivables Turnover Historical Data

The historical data trend for Grupa Azoty'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.

Grupa Azoty Receivables Turnover Chart

Grupa Azoty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

7.14

6.49

7.79

11.01

7.83

Grupa Azoty Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.88	1.98	1.63	1.49	1.85

Competitive Comparison of Grupa Azoty's Receivables Turnover

For the Agricultural Inputs subindustry, Grupa Azoty'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.

Grupa Azoty's Receivables Turnover Distribution in the Agriculture Industry

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

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

Save Embed

;

Save Embed

;

Grupa Azoty Receivables Turnover Calculation

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

Grupa Azoty'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 )
=	13545.094	/ (	(2026.024	+	1432.699)	/	2 )
=	13545.094	/	1729.3615
=	7.83

Grupa Azoty's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	3085.251	/ (	(1754.785	+	1579.439)	/	2 )
=	3085.251	/	1667.112
=	1.85

Grupa Azoty (WAR:ATT) 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.

Grupa Azoty Receivables Turnover Related Terms

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

Grupa Azoty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Grupa Azoty SA (WAR:ATT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

5PL:Germany

Address

ul. Kwiatkowskiego 8, Tarnow, POL, 33-101

Website

https://www.grupaazoty.com

Grupa Azoty SA is a holding company, which through its subsidiaries, produces and sells chemicals, plastics, fertilizers, titanium, and extracts sulfur products. The firm organizes itself into five segments based on the product type. The Agro fertilizer segment, which generates the majority of revenue, sells fertilizers and agrochemicals. The Plastics segment sells a variety of plastic products to the automotive, construction, food, and textile industries. The Energy segment produces and sells electricity. The Chemicals segment sells oxo alcohols and other chemicals and its other segment comprises activities such as laboratory services, property rental, and other activities.