BASSAC (XPAR:BASS) Receivables Turnover: 2.89 (As of Jun. 2023)

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XPAR:BASS BASSAC XPAR:BASS
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What is BASSAC Receivables Turnover?

BASSAC XPAR:BASS +0.68% 8 Receivables Turnover is 2.89 as of Jun. 2023. GuruFocus rates XPAR:BASS with a GF Score™ of 8/100.

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. BASSAC's Revenue for the six months ended in Jun. 2023 was €571 Mil. BASSAC's average Accounts Receivable for the six months ended in Jun. 2023 was €198 Mil. Hence, BASSAC's Receivables Turnover for the six months ended in Jun. 2023 was 2.89.


BASSAC  (XPAR:BASS) 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.


BASSAC Receivables Turnover Related Terms


BASSAC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for BASSAC'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.

BASSAC Receivables Turnover Chart

BASSAC 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 5.62 8.84 8.14 7.58 7.41

BASSAC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.52 4.82 3.09 3.82 2.89

BASSAC Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, BASSAC'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.


BASSAC Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, BASSAC's Receivables Turnover distribution charts can be found below:

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


XPAR:BASS
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BASSAC XPAR:BASS
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BASSAC Receivables Turnover Calculation

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

BASSAC's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1297.162 / ((174.067 + 176.148) / 2 )
=1297.162 / 175.1075
=7.41

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

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=570.59 / ((176.148 + 219.06) / 2 )
=570.59 / 197.604
=2.89

* 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 2.89 mean?
BASSAC (XPAR:BASS) has a Receivables Turnover of 2.89 as of Jun. 2023. 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 BASSAC and its competitors.
Is BASSAC's Receivables Turnover too high?
BASSAC's current Receivables Turnover is 2.89. The Real Estate industry median Receivables Turnover is 10.64. BASSAC's value of 2.89 is 72.8% below this industry median. Overall, BASSAC has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does BASSAC's Receivables Turnover compare to competitors?
BASSAC's Receivables Turnover of 2.89 can be compared against companies in the Real Estate industry. The industry median Receivables Turnover is 10.64. BASSAC's value of 2.89 is 72.8% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.64, based on 1,668 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. BASSAC's current Receivables Turnover of 2.89 is 72.8% 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 BASSAC and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BASSAC's current Receivables Turnover is 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BASSAC stock overvalued right now?
BASSAC (XPAR:BASS) has a current Receivables Turnover of 2.89. The current Receivables Turnover is 2.89 and 72.8% below the Real Estate industry median of 10.64. BASSAC's overall GF Score™ is 8/100. 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 BASSAC (XPAR:BASS), the current Receivables Turnover is 2.89 as of Jun. 2023. 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.

BASSAC Business Description

Address 50 Route de la Reine, Boulogne-Billancourt, Paris, FRA, 92100
BASSAC is engaged in real estate development in France as well as in Germany and Spain. It offers the promotion of new housing and offices. The company operates in France, Poland, Germany, Spain and other countries.
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