BBTV Holdings (TSX:BBTV) Receivables Turnover : 7.22 (As of Sep. 2023)

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What is BBTV Holdings 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. BBTV Holdings's Revenue for the three months ended in Sep. 2023 was C$66.2 Mil. BBTV Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was C$9.2 Mil. Hence, BBTV Holdings's Receivables Turnover for the three months ended in Sep. 2023 was 7.22.

BBTV Holdings Receivables Turnover Historical Data

The historical data trend for BBTV Holdings'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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BBTV Holdings Receivables Turnover Chart

BBTV Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

2.13

11.78

18.73

BBTV Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial												8.97	8.28	5.56	6.63	7.22

Competitive Comparison of BBTV Holdings's Receivables Turnover

For the Internet Content & Information subindustry, BBTV Holdings'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.

BBTV Holdings's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BBTV Holdings's Receivables Turnover distribution charts can be found below:

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

BBTV Holdings Receivables Turnover Calculation

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

BBTV Holdings'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 )
=	402.335	/ (	(29.318	+	13.633)	/	2 )
=	402.335	/	21.4755
=	18.73

BBTV Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	66.239	/ (	(9.796	+	8.543)	/	2 )
=	66.239	/	9.1695
=	7.22

BBTV Holdings (TSX:BBTV) 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.

BBTV Holdings Receivables Turnover Related Terms

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BBTV Holdings (TSX:BBTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BBTV Holdings Inc (TSX:BBTV) » Definitions » Receivables Turnover

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Traded in Other Exchanges

BBTVF:USA 64V:Germany

Address

1205 Melville Street, Vancouver, BC, CAN, V6E 0A6

Website

https://www.bbtv.com

BBTV Holdings Inc is a media technology company specializing in the creation, distribution, management, and monetization of content. The company's platform offers comprehensive tech-powered solutions to redefine video entertainment through the lens of the creators, enabling creators, brands, and media companies to succeed in the massive and growing creator economy.

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