GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Metalac a.d. , Gornji Milanovac (XBEL:MTLC) » Definitions » Receivables Turnover

Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Receivables Turnover : 0.38 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Metalac a.d. , Gornji Milanovac 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. Metalac a.d. , Gornji Milanovac's Revenue for the three months ended in Mar. 2024 was RSD275 Mil. Metalac a.d. , Gornji Milanovac's average Accounts Receivable for the three months ended in Mar. 2024 was RSD733 Mil. Hence, Metalac a.d. , Gornji Milanovac's Receivables Turnover for the three months ended in Mar. 2024 was 0.38.


Metalac a.d. , Gornji Milanovac Receivables Turnover Historical Data

The historical data trend for Metalac a.d. , Gornji Milanovac'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.

Metalac a.d. , Gornji Milanovac Receivables Turnover Chart

Metalac a.d. , Gornji Milanovac 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 7.96 8.49 10.25 11.84 13.06

Metalac a.d. , Gornji Milanovac Quarterly Data
Mar19 Jun19 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 0.37 7.84 - 18.93 0.38

Competitive Comparison of Metalac a.d. , Gornji Milanovac's Receivables Turnover

For the Consumer Electronics subindustry, Metalac a.d. , Gornji Milanovac'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.


Metalac a.d. , Gornji Milanovac's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Metalac a.d. , Gornji Milanovac's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Metalac a.d. , Gornji Milanovac's Receivables Turnover falls into.



Metalac a.d. , Gornji Milanovac Receivables Turnover Calculation

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

Metalac a.d. , Gornji Milanovac'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 )
=14880.528 / ((1096.117 + 1182.08) / 2 )
=14880.528 / 1139.0985
=13.06

Metalac a.d. , Gornji Milanovac'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 )
=275.016 / ((1182.08 + 283.148) / 2 )
=275.016 / 732.614
=0.38

* 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.


Metalac a.d. , Gornji Milanovac  (XBEL:MTLC) 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.


Metalac a.d. , Gornji Milanovac Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Metalac a.d. , Gornji Milanovac's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Business Description

Traded in Other Exchanges
N/A
Address
Kneza Aleksandra 212, Gornji Milanovac, SRB, 32300
Metalac a.d. , Gornji Milanovac produces and sells enamel, Teflon-coated, aluminum and stainless-steel cookware. It also sells water heaters, transport and luxurious cardboard packing materials, steel products, and others.

Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Headlines

No Headlines