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Megaron (WAR:MEG) Receivables Turnover : 1.71 (As of Dec. 2023)


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What is Megaron 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. Megaron's Revenue for the three months ended in Dec. 2023 was zł9.67 Mil. Megaron's average Accounts Receivable for the three months ended in Dec. 2023 was zł5.67 Mil. Hence, Megaron's Receivables Turnover for the three months ended in Dec. 2023 was 1.71.


Megaron Receivables Turnover Historical Data

The historical data trend for Megaron'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.

Megaron Receivables Turnover Chart

Megaron 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 7.74 7.66 7.64 8.21 9.35

Megaron Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.43 1.92 1.51 1.58 1.71

Competitive Comparison of Megaron's Receivables Turnover

For the Building Materials subindustry, Megaron'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.


Megaron's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Megaron's Receivables Turnover distribution charts can be found below:

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



Megaron Receivables Turnover Calculation

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

Megaron'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 )
=43.818 / ((5.278 + 4.098) / 2 )
=43.818 / 4.688
=9.35

Megaron's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=9.672 / ((7.232 + 4.098) / 2 )
=9.672 / 5.665
=1.71

* 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.


Megaron  (WAR:MEG) 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.


Megaron Receivables Turnover Related Terms

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Megaron (WAR:MEG) Business Description

Traded in Other Exchanges
N/A
Address
Ul Pyrzycka 3 e f, Szczecin, POL, 70-892
Megaron SA is a Poland based company engaged in the production and distribution of building materials. It offers plaster coats, gypsum putty, and assembly adhesives. The company sells its products through distributors and sales representatives.