Benso Oil Palm Plantation (XGHA:BOPP) Receivables Turnover: 2.36 (As of Dec. 2024)

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XGHA:BOPP Benso Oil Palm Plantation XGHA:BOPP
91 GF Score
Price GHS80.00
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What is Benso Oil Palm Plantation Receivables Turnover?

Benso Oil Palm Plantation XGHA:BOPP 91 Receivables Turnover is 2.36 as of Dec. 2024. GuruFocus rates XGHA:BOPP with a GF Score™ of 91/100.

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. Benso Oil Palm Plantation's Revenue for the three months ended in Dec. 2024 was GHS74.52 Mil. Benso Oil Palm Plantation's average Accounts Receivable for the three months ended in Dec. 2024 was GHS31.58 Mil. Hence, Benso Oil Palm Plantation's Receivables Turnover for the three months ended in Dec. 2024 was 2.36.


Benso Oil Palm Plantation  (XGHA:BOPP) 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.


Benso Oil Palm Plantation Receivables Turnover Related Terms


Benso Oil Palm Plantation Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Benso Oil Palm Plantation'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.

Benso Oil Palm Plantation Receivables Turnover Chart

Benso Oil Palm Plantation Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Benso Oil Palm Plantation Quarterly Data
Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Sep23 Dec23 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 3.20 0.00 4.67 0.00 2.36

XGHA:BOPP vs ADM, TSN, BG: Receivables Turnover Comparison

For the Farm Products subindustry, Benso Oil Palm Plantation'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.


Benso Oil Palm Plantation Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Benso Oil Palm Plantation's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Benso Oil Palm Plantation's Receivables Turnover falls into.


XGHA:BOPP
91GF Score
Benso Oil Palm Plantation XGHA:BOPP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Benso Oil Palm Plantation Receivables Turnover Calculation

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

Benso Oil Palm Plantation's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=346.893 / ((0 + 0) / 1 )
=346.893 / 0
=N/A

Benso Oil Palm Plantation's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=74.519 / ((31.575 + 0) / 1 )
=74.519 / 31.575
=2.36

* 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 2.36 mean?
Benso Oil Palm Plantation (XGHA:BOPP) has a Receivables Turnover of 2.36 as of Dec. 2024. 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 Benso Oil Palm Plantation and its competitors.
Is Benso Oil Palm Plantation's Receivables Turnover too high?
Benso Oil Palm Plantation's current Receivables Turnover is 2.36. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. Benso Oil Palm Plantation's value of 2.36 is 74.7% below this industry median. Overall, Benso Oil Palm Plantation has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Benso Oil Palm Plantation's Receivables Turnover compare to ADM and TSN?
Benso Oil Palm Plantation's Receivables Turnover of 2.36 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.34. Benso Oil Palm Plantation's value of 2.36 is 74.7% below 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,943 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. Benso Oil Palm Plantation's current Receivables Turnover of 2.36 is 74.7% below 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 Benso Oil Palm Plantation and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benso Oil Palm Plantation's current Receivables Turnover is 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benso Oil Palm Plantation stock overvalued right now?
Benso Oil Palm Plantation (XGHA:BOPP) has a current Receivables Turnover of 2.36. The current Receivables Turnover is 2.36 and 74.7% below the Consumer Packaged Goods industry median of 9.34. Benso Oil Palm Plantation's overall GF Score™ is 91/100. 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 Benso Oil Palm Plantation (XGHA:BOPP), the current Receivables Turnover is 2.36 as of Dec. 2024. 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.

Benso Oil Palm Plantation Business Description

Address Adum Banso Estate, P.O.Box 470, Takoradi, GHA
Benso Oil Palm Plantation is engaged in the business of growing oil palm and the processing of palm fruits to produce palm oil and palm kernel oil. The product of the Company is crude palm oil.
91GF Score

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