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Bulgartabac Holding AD (XBUL:BTH) Receivables Turnover : 0.86 (As of Dec. 2016)


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What is Bulgartabac Holding AD 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. Bulgartabac Holding AD's Revenue for the three months ended in Dec. 2016 was лв108.6 Mil. Bulgartabac Holding AD's average Accounts Receivable for the three months ended in Dec. 2016 was лв126.7 Mil. Hence, Bulgartabac Holding AD's Receivables Turnover for the three months ended in Dec. 2016 was 0.86.


Bulgartabac Holding AD Receivables Turnover Historical Data

The historical data trend for Bulgartabac Holding AD'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.

Bulgartabac Holding AD Receivables Turnover Chart

Bulgartabac Holding AD Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial 16.36 10.08 6.73 5.08 2.85

Bulgartabac Holding AD Quarterly Data
Dec09 Dec10 Dec11 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.24 0.77 0.33 0.70 0.86

Competitive Comparison of Bulgartabac Holding AD's Receivables Turnover

For the Tobacco subindustry, Bulgartabac Holding AD'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.


Bulgartabac Holding AD's Receivables Turnover Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Bulgartabac Holding AD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bulgartabac Holding AD's Receivables Turnover falls into.



Bulgartabac Holding AD Receivables Turnover Calculation

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

Bulgartabac Holding AD's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=335.493 / ((107.468 + 128.132) / 2 )
=335.493 / 117.8
=2.85

Bulgartabac Holding AD's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Sep. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=108.575 / ((125.201 + 128.132) / 2 )
=108.575 / 126.6665
=0.86

* 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.


Bulgartabac Holding AD  (XBUL:BTH) 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.


Bulgartabac Holding AD Receivables Turnover Related Terms

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Bulgartabac Holding AD (XBUL:BTH) Business Description

Traded in Other Exchanges
N/A
Address
62 Graf Ignatiev Street, Sofia, BGR, 1000
Bulgartabac Holding AD is a cigarettes manufacturer in Bulgaria. The company is an exporter of processed Virginia, Burley & Oriental tobaccos. It supplies aromatic and semi-aromatic types of tobaccos. Its products include Victory, Class S, Femina Slim, Prestige & Welcome.

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