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Aztec International (WAR:AZC) Receivables Turnover : 1.81 (As of Mar. 2024)


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What is Aztec International 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. Aztec International's Revenue for the three months ended in Mar. 2024 was zł8.18 Mil. Aztec International's average Accounts Receivable for the three months ended in Mar. 2024 was zł4.51 Mil. Hence, Aztec International's Receivables Turnover for the three months ended in Mar. 2024 was 1.81.


Aztec International Receivables Turnover Historical Data

The historical data trend for Aztec International'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.

Aztec International Receivables Turnover Chart

Aztec International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.95 13.96 11.56 8.86 7.67

Aztec International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.08 1.45 1.77 1.93 1.81

Competitive Comparison of Aztec International's Receivables Turnover

For the Tools & Accessories subindustry, Aztec International'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.


Aztec International's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aztec International's Receivables Turnover distribution charts can be found below:

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



Aztec International Receivables Turnover Calculation

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

Aztec International'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 )
=32.204 / ((3.837 + 4.561) / 2 )
=32.204 / 4.199
=7.67

Aztec International'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 )
=8.18 / ((4.561 + 4.465) / 2 )
=8.18 / 4.513
=1.81

* 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.


Aztec International  (WAR:AZC) 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.


Aztec International Receivables Turnover Related Terms

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Aztec International (WAR:AZC) Business Description

Traded in Other Exchanges
N/A
Address
ulica Bu?garska 63/65, Poznan, POL, 60-320
Aztec International SA is a supplier to the European market of wide range powder painted screws, Master Seal washers, Master Flash roof/pipe flashing and Master Plug fastening systems. The company's products include Saddle Washer, Screws, Master Seal - bonded washer, Rubber Plug, Rivets, Anchors, Master Tools, Master Coat and Solar Energy.

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