B-Act (WAR:BAC) Receivables Turnover : 1.84 (As of Dec. 2023)

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What is B-Act 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. B-Act's Revenue for the three months ended in Dec. 2023 was zł5.96 Mil. B-Act's average Accounts Receivable for the three months ended in Dec. 2023 was zł3.24 Mil. Hence, B-Act's Receivables Turnover for the three months ended in Dec. 2023 was 1.84.

B-Act Receivables Turnover Historical Data

The historical data trend for B-Act'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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B-Act Receivables Turnover Chart

B-Act Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

7.28

5.46

4.40

B-Act Quarterly Data
	Dec21	Dec22	Dec23
Receivables Turnover	-	2.32	1.84

Competitive Comparison of B-Act's Receivables Turnover

For the Engineering & Construction subindustry, B-Act'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.

B-Act's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, B-Act's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where B-Act's Receivables Turnover falls into.

B-Act Receivables Turnover Calculation

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

B-Act'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 )
=	14.264	/ (	(3.878	+	2.603)	/	2 )
=	14.264	/	3.2405
=	4.40

B-Act'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: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	5.959	/ (	(3.878	+	2.603)	/	2 )
=	5.959	/	3.2405
=	1.84

B-Act (WAR:BAC) 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.

B-Act Receivables Turnover Related Terms

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B-Act (WAR:BAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » B-Act SA (WAR:BAC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.b-act.com.pl/en/b-act

B-Act SA is an engineering consulting company. The company is engaged in management, consulting, and supervision in the implementation of construction projects in Poland, Romania, Ukraine and the Baltic States. The company provide comprehensive services including representing the investor, technical, economic, financial and legal advice, as well as controlling the course of the investment process with the use of modern IT tools.