Boleron AD (XBUL:BLRN) Receivables Turnover: 10.31 (As of Dec. 2025)

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XBUL:BLRN Boleron AD XBUL:BLRN
6 GF Score
Price €1.44
! 2 Warning Signs
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What is Boleron AD Receivables Turnover?

Boleron AD XBUL:BLRN 6 Receivables Turnover is 10.31 as of Dec. 2025. GuruFocus rates XBUL:BLRN with a GF Score™ of 6/100. The stock has 2 warning signs investors should review. Among 2,788 Software companies, Boleron AD ranks better than 83.5% on this metric.

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. Boleron AD's Revenue for the six months ended in Dec. 2025 was €0.26 Mil. Boleron AD's average Accounts Receivable for the six months ended in Dec. 2025 was €0.03 Mil. Hence, Boleron AD's Receivables Turnover for the six months ended in Dec. 2025 was 10.31.


Boleron AD  (XBUL:BLRN) 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.


Boleron AD Receivables Turnover Related Terms


Boleron AD Receivables Turnover Historical Data

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The historical data trend for Boleron AD'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.

Boleron AD Receivables Turnover Chart

Boleron AD Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
16.18 8.13 7.78

Boleron AD Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover 0.00 7.18 3.37 4.96 10.31

XBUL:BLRN vs CRM, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, Boleron AD'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.


Boleron AD Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Boleron AD's Receivables Turnover distribution charts can be found below:

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


XBUL:BLRN
6GF Score
Boleron AD XBUL:BLRN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Boleron AD Receivables Turnover Calculation

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

Boleron AD's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=0.393 / ((0.051 + 0.05) / 2 )
=0.393 / 0.0505
=7.78

Boleron AD's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=0.263 / ((0.001 + 0.05) / 2 )
=0.263 / 0.0255
=10.31

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 10.31 mean?
Boleron AD (XBUL:BLRN) has a Receivables Turnover of 10.31 as of Dec. 2025. The accounts 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. View historical data on Boleron AD and its competitors. According to the industry distribution chart, Boleron AD ranks #460 out of 2788 companies in the Software industry, placing it in the top 16.5%.
Is Boleron AD's Receivables Turnover too high?
Boleron AD's current Receivables Turnover is 10.31. The Software industry median Receivables Turnover is 6.03. Boleron AD's value of 10.31 is 71% above this industry median. Based on the distribution chart, Boleron AD ranks #460 out of 2788 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Boleron AD has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Boleron AD's Receivables Turnover compare to CRM and SHOP?
According to the Software industry distribution chart, Boleron AD ranks #460 out of 2788 companies for Receivables Turnover. This places Boleron AD in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.03. Boleron AD's value of 10.31 is 71% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 6.03, based on 2,788 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boleron AD's current Receivables Turnover of 10.31 is 71% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Boleron AD and its competitors. For the Software industry, the median Receivables Turnover is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boleron AD's current Receivables Turnover is 10.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boleron AD stock overvalued right now?
Boleron AD (XBUL:BLRN) has a current Receivables Turnover of 10.31. The current Receivables Turnover is 10.31 and 71% above the Software industry median of 6.03. Boleron AD's overall GF Score™ is 6/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Boleron AD (XBUL:BLRN), the current Receivables Turnover is 10.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Boleron AD Business Description

Address 24 Georgi Benkovski Street, Stolichna, Oborishte District, Sofia, BGR, 1000
Boleron AD is a software company that digitizes and automates various processes in insurance. The company is a digital insurance broker for online insurance in Bulgaria that offers Motor Casco Insurance, Civil Liability Insurance, Travel Abroad Insurance, Health Insurance, Mountain and Ski Insurance, Life Insurance (including investment) and Property Insurance, and among others.
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