ELANA Agrocredit AD Sofia (XBUL:EAC) Receivables Turnover : 35.74 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ELANA Agrocredit AD Sofia 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. ELANA Agrocredit AD Sofia's Revenue for the three months ended in Dec. 2023 was лв10.54 Mil. ELANA Agrocredit AD Sofia's average Accounts Receivable for the three months ended in Dec. 2023 was лв0.30 Mil. Hence, ELANA Agrocredit AD Sofia's Receivables Turnover for the three months ended in Dec. 2023 was 35.74.

ELANA Agrocredit AD Sofia Receivables Turnover Historical Data

The historical data trend for ELANA Agrocredit AD Sofia'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.

ELANA Agrocredit AD Sofia Receivables Turnover Chart

ELANA Agrocredit AD Sofia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

59.32

79.31

118.32

ELANA Agrocredit AD Sofia 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															30.88	20.92	-	-	35.74

Competitive Comparison of ELANA Agrocredit AD Sofia's Receivables Turnover

For the Credit Services subindustry, ELANA Agrocredit AD Sofia'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.

ELANA Agrocredit AD Sofia's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELANA Agrocredit AD Sofia's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ELANA Agrocredit AD Sofia's Receivables Turnover falls into.

ELANA Agrocredit AD Sofia Receivables Turnover Calculation

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

ELANA Agrocredit AD Sofia'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 )
=	29.343	/ (	(0.201	+	0.295)	/	2 )
=	29.343	/	0.248
=	118.32

ELANA Agrocredit AD Sofia'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 )
=	10.542	/ (	(0	+	0.295)	/	1 )
=	10.542	/	0.295
=	35.74

ELANA Agrocredit AD Sofia (XBUL:EAC) 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.

ELANA Agrocredit AD Sofia Receivables Turnover Related Terms

Thank you for viewing the detailed overview of ELANA Agrocredit AD Sofia's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.