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M+S Hidravlik AD (XBUL:MSH) Receivables Turnover : 1.41 (As of Sep. 2023)


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What is M+S Hidravlik AD 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. M+S Hidravlik AD's Revenue for the three months ended in Sep. 2023 was лв62.0 Mil. M+S Hidravlik AD's average Accounts Receivable for the three months ended in Sep. 2023 was лв44.0 Mil. Hence, M+S Hidravlik AD's Receivables Turnover for the three months ended in Sep. 2023 was 1.41.


M+S Hidravlik AD Receivables Turnover Historical Data

The historical data trend for M+S Hidravlik 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.

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M+S Hidravlik AD Receivables Turnover Chart

M+S Hidravlik AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 9.04 8.57 8.50 8.72

M+S Hidravlik AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.96 1.99 2.13 1.67 1.41

Competitive Comparison of M+S Hidravlik AD's Receivables Turnover

For the Specialty Industrial Machinery subindustry, M+S Hidravlik 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.


M+S Hidravlik AD's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M+S Hidravlik AD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where M+S Hidravlik AD's Receivables Turnover falls into.



M+S Hidravlik AD Receivables Turnover Calculation

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

M+S Hidravlik AD's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=221.145 / ((23.581 + 27.14) / 2 )
=221.145 / 25.3605
=8.72

M+S Hidravlik AD's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=62.03 / ((44.149 + 43.92) / 2 )
=62.03 / 44.0345
=1.41

* 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.


M+S Hidravlik AD  (XBUL:MSH) 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.


M+S Hidravlik AD Receivables Turnover Related Terms

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M+S Hidravlik AD (XBUL:MSH) Business Description

Traded in Other Exchanges
N/A
Address
68, Kozloduy Street, Kazanlak, BGR, 6100
M+S Hidravlik AD is a Bulgaria-based company that is principally engaged in the industrial equipment industry. It distributes and repairs hydraulic motors, steering units, valves, brakes, and accessories. The company's product range includes hydraulic motors, hydraulic disc brakes, crossover, switch and relief valves for hydraulic motors, as well as hydrostatic steering units and accessories for steering units.

M+S Hidravlik AD (XBUL:MSH) Headlines

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