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Elemental Asia (WAR:EMA) Receivables Turnover : 0.88 (As of Sep. 2023)


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What is Elemental Asia 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. Elemental Asia's Revenue for the three months ended in Sep. 2023 was zł32.4 Mil. Elemental Asia's average Accounts Receivable for the three months ended in Sep. 2023 was zł36.8 Mil. Hence, Elemental Asia's Receivables Turnover for the three months ended in Sep. 2023 was 0.88.


Elemental Asia Receivables Turnover Historical Data

The historical data trend for Elemental Asia'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.

Elemental Asia Receivables Turnover Chart

Elemental Asia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 24.53 23.41

Elemental Asia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.02 1.30 1.41 0.23 0.88

Competitive Comparison of Elemental Asia's Receivables Turnover

For the Other Precious Metals & Mining subindustry, Elemental Asia'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.


Elemental Asia's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Elemental Asia's Receivables Turnover distribution charts can be found below:

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



Elemental Asia Receivables Turnover Calculation

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

Elemental Asia's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=289.398 / ((18.632 + 6.096) / 2 )
=289.398 / 12.364
=23.41

Elemental Asia's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=32.399 / ((0 + 36.781) / 1 )
=32.399 / 36.781
=0.88

* 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.


Elemental Asia  (WAR:EMA) 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.


Elemental Asia Receivables Turnover Related Terms

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Elemental Asia (WAR:EMA) Business Description

Traded in Other Exchanges
N/A
Address
ul. Traugutta 42A, Grodzisk Mazowiecki, POL, 05-825
Elemental Asia SA is engaged in the recycling of precious metals from printed circuits and automotive catalysts.

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