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Trace SOP EOOD (XBUL:T57) Receivables Turnover : 0.95 (As of Jun. 2023)


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What is Trace SOP EOOD 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. Trace SOP EOOD's Revenue for the three months ended in Jun. 2023 was лв95.6 Mil. Trace SOP EOOD's average Accounts Receivable for the three months ended in Jun. 2023 was лв100.6 Mil. Hence, Trace SOP EOOD's Receivables Turnover for the three months ended in Jun. 2023 was 0.95.


Trace SOP EOOD Receivables Turnover Historical Data

The historical data trend for Trace SOP EOOD'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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Trace SOP EOOD Receivables Turnover Chart

Trace SOP EOOD 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 4.49 3.44 2.17 2.24 3.22

Trace SOP EOOD Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.75 0.77 1.23 0.64 0.95

Competitive Comparison of Trace SOP EOOD's Receivables Turnover

For the Engineering & Construction subindustry, Trace SOP EOOD'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.


Trace SOP EOOD's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trace SOP EOOD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Trace SOP EOOD's Receivables Turnover falls into.



Trace SOP EOOD Receivables Turnover Calculation

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

Trace SOP EOOD'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 )
=210.164 / ((44.658 + 85.955) / 2 )
=210.164 / 65.3065
=3.22

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

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=95.637 / ((86.731 + 114.558) / 2 )
=95.637 / 100.6445
=0.95

* 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.


Trace SOP EOOD  (XBUL:T57) 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.


Trace SOP EOOD Receivables Turnover Related Terms

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Trace SOP EOOD (XBUL:T57) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Nikola Obrazopisov ? 12, Sofia, BGR, 1408
Trace SOP EOOD is engaged in construction and related activities. It performs major public projects in the field of infrastructure, environment, public works and hydro-technical construction, energy and building construction.

Trace SOP EOOD (XBUL:T57) Headlines

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