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Bera Holding AS (IST:BERA) Receivables Turnover : 1.35 (As of Sep. 2023)


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What is Bera Holding AS 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. Bera Holding AS's Revenue for the three months ended in Sep. 2023 was ₺3,585 Mil. Bera Holding AS's average Accounts Receivable for the three months ended in Sep. 2023 was ₺2,649 Mil. Hence, Bera Holding AS's Receivables Turnover for the three months ended in Sep. 2023 was 1.35.


Bera Holding AS Receivables Turnover Historical Data

The historical data trend for Bera Holding AS'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.

Bera Holding AS Receivables Turnover Chart

Bera Holding AS 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 3.75 4.15 4.58 4.65 5.63

Bera Holding AS Quarterly Data
Dec18 Mar19 Jun19 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 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 1.38 1.22 1.20 0.95 1.35

Competitive Comparison of Bera Holding AS's Receivables Turnover

For the Conglomerates subindustry, Bera Holding AS'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.


Bera Holding AS's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bera Holding AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bera Holding AS's Receivables Turnover falls into.



Bera Holding AS Receivables Turnover Calculation

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

Bera Holding AS'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 )
=8596.296 / ((1103.888 + 1952.211) / 2 )
=8596.296 / 1528.0495
=5.63

Bera Holding AS'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 )
=3584.783 / ((2590.724 + 2707.007) / 2 )
=3584.783 / 2648.8655
=1.35

* 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.


Bera Holding AS  (IST:BERA) 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.


Bera Holding AS Receivables Turnover Related Terms

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Bera Holding AS (IST:BERA) Business Description

Traded in Other Exchanges
N/A
Address
Nisantasi Mah Dr. M. Hulusi Baybal Cd Bera Is, Merkezi Number 12, Selcuklu, Konya, TUR
Bera Holding AS is a Turkey-based company active in multiple businesses. It is engaged in various sectors comprising of Machine, Oil, Marble, Paper-Cardboard, Construction, and Building Materials, Textile, Tourism, and Food.

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