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Billerud AB (FRA:BNF) Receivables Turnover

: 2.32 (As of Sep. 2022)
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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. Billerud AB's Revenue for the three months ended in Sep. 2022 was €1,094 Mil. Billerud AB's average Accounts Receivable for the three months ended in Sep. 2022 was €472 Mil. Hence, Billerud AB's Receivables Turnover for the three months ended in Sep. 2022 was 2.32.


Billerud AB Receivables Turnover Historical Data

The historical data trend for Billerud AB'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.

* Premium members only.

Billerud AB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.30 8.44 9.27 10.19 9.67

Billerud AB Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Receivables Turnover 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 Premium Member Only Premium Member Only Premium Member Only 2.25 2.23 1.99 2.48 2.32

Competitive Comparison

For the Paper & Paper Products subindustry, Billerud AB'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.

   

Billerud AB Receivables Turnover Distribution

For the Forest Products industry and Basic Materials sector, Billerud AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Billerud AB's Receivables Turnover falls in comparison to its industry or sector. The grey bar indicates the Receivables Turnover's extreme value range as defined by GuruFocus.



Billerud AB Receivables Turnover Calculation

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

Billerud AB's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=2551.5215190988 / ((230.97894321484 + 296.66817021651) / 2 )
=2551.5215190988 / 263.82355671567
=9.67

Billerud AB's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=1093.678334754 / ((458.06276096423 + 486.1101181474) / 2 )
=1093.678334754 / 472.08643955582
=2.32

* 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.


Billerud AB  (FRA:BNF) 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.


Billerud AB Receivables Turnover Related Terms

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Billerud AB (FRA:BNF) Business Description

Billerud AB logo
Traded in Other Exchanges
Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Most of the company's sales come from the food and beverage packaging industry. BillerudKorsnas organizes itself into three segments: Product area Board, Product area Paper, Solution & Other.

Billerud AB (FRA:BNF) Headlines

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