Balyo (XPAR:BALYO) Receivables Turnover : 4.27 (As of Jun. 2023)

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What is Balyo 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. Balyo's Revenue for the six months ended in Jun. 2023 was €14.89 Mil. Balyo's average Accounts Receivable for the six months ended in Jun. 2023 was €3.49 Mil. Hence, Balyo's Receivables Turnover for the six months ended in Jun. 2023 was 4.27.

Balyo Receivables Turnover Historical Data

The historical data trend for Balyo'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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Balyo Receivables Turnover Chart

Balyo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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2.35

3.17

3.35

4.90

10.07

Balyo Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial										1.75	3.35	2.55	5.16	4.27

Competitive Comparison of Balyo's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Balyo'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.

Balyo's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Balyo's Receivables Turnover distribution charts can be found below:

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

Balyo Receivables Turnover Calculation

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

Balyo'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 )
=	24.143	/ (	(2.584	+	2.211)	/	2 )
=	24.143	/	2.3975
=	10.07

Balyo's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	14.885	/ (	(2.211	+	4.762)	/	2 )
=	14.885	/	3.4865
=	4.27

Balyo (XPAR:BALYO) 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.

Balyo Receivables Turnover Related Terms

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Balyo (XPAR:BALYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Balyo SA (XPAR:BALYO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BYYLF:USA 1BO:Germany

Address

3 rue Paul Mazy, Ivry-sur-Seine, Paris, FRA, 94200

Website

http://www.balyo.com

Balyo SA designs, develops and markets material handling robots. The robots are used by industrialists and logisticians to reduce their pallet handling costs by robotizing their equipment and improving the security of the spaces in which it operates. Balyo's range of robots covers a wide range of logistics applications including storage, supply and removal, loading and unloading, logistics trains, stock line scanning, and barcode scanning.

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