Grupa RECYKL (WAR:GRC) Receivables Turnover : 1.03 (As of Mar. 2024)

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What is Grupa RECYKL 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 RECYKL's Revenue for the three months ended in Mar. 2024 was zł28.7 Mil. Grupa RECYKL's average Accounts Receivable for the three months ended in Mar. 2024 was zł27.9 Mil. Hence, Grupa RECYKL's Receivables Turnover for the three months ended in Mar. 2024 was 1.03.

Grupa RECYKL Receivables Turnover Historical Data

The historical data trend for Grupa RECYKL'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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Grupa RECYKL Receivables Turnover Chart

Grupa RECYKL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.47

5.55

6.39

6.01

5.13

Grupa RECYKL 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															1.25	1.31	1.23	1.21	1.03

Competitive Comparison of Grupa RECYKL's Receivables Turnover

For the Waste Management subindustry, Grupa RECYKL'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 RECYKL's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Grupa RECYKL's Receivables Turnover distribution charts can be found below:

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

Grupa RECYKL Receivables Turnover Calculation

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

Grupa RECYKL'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 )
=	127.57	/ (	(21.6	+	28.174)	/	2 )
=	127.57	/	24.887
=	5.13

Grupa RECYKL'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 )
=	28.657	/ (	(28.174	+	27.656)	/	2 )
=	28.657	/	27.915
=	1.03

Grupa RECYKL (WAR:GRC) 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 RECYKL Receivables Turnover Related Terms

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Grupa RECYKL (WAR:GRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grupa RECYKL SA (WAR:GRC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Srem Ulica Summer 3, Province Greater, POL, 63-100

Website

http://www.recykl.pl

Grupa RECYKL SA is engaged in waste management services in Poland. The company primarily involved in the recovery and recycling of worn tires. It also provides rubber granulates for burning in cement industries; rubber granulate with fibers and steel cords.