GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bul Land Inv Re (XBUL:LAND) » Definitions » Receivables Turnover

Bul Land Inv Re (XBUL:LAND) Receivables Turnover : 0.26 (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Bul Land Inv Re 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. Bul Land Inv Re's Revenue for the three months ended in Dec. 2024 was лв0.12 Mil. Bul Land Inv Re's average Accounts Receivable for the three months ended in Dec. 2024 was лв0.46 Mil. Hence, Bul Land Inv Re's Receivables Turnover for the three months ended in Dec. 2024 was 0.26.


Bul Land Inv Re Receivables Turnover Historical Data

The historical data trend for Bul Land Inv Re'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.

Bul Land Inv Re Receivables Turnover Chart

Bul Land Inv Re Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.08 0.24 0.12 0.22

Bul Land Inv Re Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.05 0.05 0.23 0.24 0.26

Competitive Comparison of Bul Land Inv Re's Receivables Turnover

For the REIT - Diversified subindustry, Bul Land Inv Re'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.


Bul Land Inv Re's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bul Land Inv Re's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bul Land Inv Re's Receivables Turnover falls into.


;
;

Bul Land Inv Re Receivables Turnover Calculation

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

Bul Land Inv Re's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=0.465 / ((3.888 + 0.414) / 2 )
=0.465 / 2.151
=0.22

Bul Land Inv Re's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0.118 / ((0.498 + 0.414) / 2 )
=0.118 / 0.456
=0.26

* 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.


Bul Land Inv Re  (XBUL:LAND) 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.


Bul Land Inv Re Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Bul Land Inv Re's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Bul Land Inv Re Business Description

Traded in Other Exchanges
N/A
Address
Christopher Columbus boulevard. No. 43, Sofia, BGR, 1592
Bul Land Inv Re is an investment company for securitization of agricultural land. The objective is to provide shareholders with a growing value of the company's shares and current income through the distribution of dividends.