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CFI Holding (WAR:CFI) Receivables Turnover : 1.69 (As of Mar. 2024)


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What is CFI Holding 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. CFI Holding's Revenue for the three months ended in Mar. 2024 was zł55.9 Mil. CFI Holding's average Accounts Receivable for the three months ended in Mar. 2024 was zł33.0 Mil. Hence, CFI Holding's Receivables Turnover for the three months ended in Mar. 2024 was 1.69.


CFI Holding Receivables Turnover Historical Data

The historical data trend for CFI Holding'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.

CFI Holding Receivables Turnover Chart

CFI Holding 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 13.22 11.39 15.04 15.76 14.44

CFI Holding 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 1.80 2.20 4.38 2.23 1.69

Competitive Comparison of CFI Holding's Receivables Turnover

For the Conglomerates subindustry, CFI Holding'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.


CFI Holding's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CFI Holding's Receivables Turnover distribution charts can be found below:

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



CFI Holding Receivables Turnover Calculation

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

CFI Holding'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 )
=235.293 / ((17.406 + 15.175) / 2 )
=235.293 / 16.2905
=14.44

CFI Holding'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 )
=55.911 / ((15.175 + 50.85) / 2 )
=55.911 / 33.0125
=1.69

* 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.


CFI Holding  (WAR:CFI) 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.


CFI Holding Receivables Turnover Related Terms

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CFI Holding (WAR:CFI) Business Description

Traded in Other Exchanges
Address
ul. Teatralna 10-12, Wroclaw, POL, 50-055
CFI Holding SA is a Poland based company engaged in providing construction services. The company offers design, construction, sale, rental and management of residential buildings and public facilities, such as hospitals, petrol stations, warehouses, and others.

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