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Bio Planet (WAR:BIP) Receivables Turnover : 2.52 (As of Mar. 2024)


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What is Bio Planet 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. Bio Planet's Revenue for the three months ended in Mar. 2024 was zł76.3 Mil. Bio Planet's average Accounts Receivable for the three months ended in Mar. 2024 was zł30.3 Mil. Hence, Bio Planet's Receivables Turnover for the three months ended in Mar. 2024 was 2.52.


Bio Planet Receivables Turnover Historical Data

The historical data trend for Bio Planet'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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Bio Planet Receivables Turnover Chart

Bio Planet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only - - - - -

Bio Planet Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 1.83 2.33 1.97 2.02 2.52

Competitive Comparison of Bio Planet's Receivables Turnover

For the Packaged Foods subindustry, Bio Planet'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.


Bio Planet's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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



Bio Planet Receivables Turnover Calculation

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

Bio Planet's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=205.448 / ((0 + 0) / 1 )
=205.448 / 0
=N/A

Bio Planet'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=76.331 / ((28.317 + 32.314) / 2 )
=76.331 / 30.3155
=2.52

* 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.


Bio Planet  (WAR:BIP) 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.


Bio Planet Receivables Turnover Related Terms

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Bio Planet (WAR:BIP) Business Description

Traded in Other Exchanges
Address
Fabryczna 9B, Leszno, POL, 05-084
Bio Planet SA is a producer and distributor of organic food under its own brand Bio Planet. It also develops the department of organic foodservice packaging (private label). The product offerings of the company include Marmalades, Proteins, Sauces, Legumes, Vegetables, Sausages and Spices and Herbs among others.