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Cleantech Building Materials (LSE:CBM) Receivables Turnover : 2.43 (As of Jun. 2021)


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What is Cleantech Building Materials 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. Cleantech Building Materials's Revenue for the six months ended in Jun. 2021 was £0.58 Mil. Cleantech Building Materials's average Accounts Receivable for the six months ended in Jun. 2021 was £0.24 Mil. Hence, Cleantech Building Materials's Receivables Turnover for the six months ended in Jun. 2021 was 2.43.


Cleantech Building Materials Receivables Turnover Historical Data

The historical data trend for Cleantech Building Materials'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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Cleantech Building Materials Receivables Turnover Chart

Cleantech Building Materials Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial - 32.17 26.33 - -

Cleantech Building Materials Semi-Annual Data
Mar15 Mar16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.23 1.49 0.71 0.65 2.43

Competitive Comparison of Cleantech Building Materials's Receivables Turnover

For the Lumber & Wood Production subindustry, Cleantech Building Materials'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.


Cleantech Building Materials's Receivables Turnover Distribution in the Forest Products Industry

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

* The bar in red indicates where Cleantech Building Materials's Receivables Turnover falls into.



Cleantech Building Materials Receivables Turnover Calculation

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

Cleantech Building Materials's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=0.776 / ((0 + 0) / 1 )
=0.776 / 0
=N/A

Cleantech Building Materials's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

Receivables Turnover (Q: Jun. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Jun. 2021 )) / count )
=0.584 / ((0 + 0.24) / 1 )
=0.584 / 0.24
=2.43

* 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.


Cleantech Building Materials  (LSE:CBM) 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.


Cleantech Building Materials Receivables Turnover Related Terms

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Cleantech Building Materials (LSE:CBM) Business Description

Traded in Other Exchanges
N/A
Address
7 Trebeck Street, London, GBR, W1J 7LU
Cleantech Building Materials PLC provides building materials. It is engaged in the sale of specialist wood products, technology licensing, sourcing and procurement, business development and investment holding. The group generates revenue from the ASEAN region.

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