Boston Pizza Royaltiesome Fund (Boston Pizza Royaltiesome Fund) Receivables Turnover : 3.69 (As of Dec. 2023)

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What is Boston Pizza Royaltiesome Fund 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. Boston Pizza Royaltiesome Fund's Revenue for the three months ended in Dec. 2023 was $9.02 Mil. Boston Pizza Royaltiesome Fund's average Accounts Receivable for the three months ended in Dec. 2023 was $2.45 Mil. Hence, Boston Pizza Royaltiesome Fund's Receivables Turnover for the three months ended in Dec. 2023 was 3.69.

Boston Pizza Royaltiesome Fund Receivables Turnover Historical Data

The historical data trend for Boston Pizza Royaltiesome Fund'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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Boston Pizza Royaltiesome Fund Receivables Turnover Chart

Boston Pizza Royaltiesome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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15.25

8.39

9.41

14.93

14.80

Boston Pizza Royaltiesome Fund Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.76	3.57	3.80	3.87	3.69

Competitive Comparison of Boston Pizza Royaltiesome Fund's Receivables Turnover

For the Restaurants subindustry, Boston Pizza Royaltiesome Fund'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.

Boston Pizza Royaltiesome Fund's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Boston Pizza Royaltiesome Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Boston Pizza Royaltiesome Fund's Receivables Turnover falls into.

Boston Pizza Royaltiesome Fund Receivables Turnover Calculation

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

Boston Pizza Royaltiesome Fund's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	36.667	/ (	(2.451	+	2.505)	/	2 )
=	36.667	/	2.478
=	14.80

Boston Pizza Royaltiesome Fund's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	9.018	/ (	(2.386	+	2.505)	/	2 )
=	9.018	/	2.4455
=	3.69

Boston Pizza Royaltiesome Fund (OTCPK:BPZZF) 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.

Boston Pizza Royaltiesome Fund Receivables Turnover Related Terms

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Boston Pizza Royaltiesome Fund (Boston Pizza Royaltiesome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Boston Pizza Royalties Income Fund (OTCPK:BPZZF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

J8M:Germany BPF.UN:Canada

Address

13571 Commerce Parkway, Suite 201, Richmond, BC, CAN, V6V 2R2

Website

https://www.bpincomefund.com

Boston Pizza Royalties Income Fund is a limited-purpose open-ended trust. It is engaged in the operation and franchising of Boston Pizza restaurants in Canada. The Trust distributes all available cash from operations to the Trust unitholders to the maximum extent possible. The company receives revenue in the form of royalty income.

Boston Pizza Royaltiesome Fund (Boston Pizza Royaltiesome Fund) Headlines

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