Holcim (Holcim) Receivables Turnover : 4.23 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Holcim 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. Holcim's Revenue for the six months ended in Dec. 2023 was $16,122 Mil. Holcim's average Accounts Receivable for the six months ended in Dec. 2023 was $3,809 Mil. Hence, Holcim's Receivables Turnover for the six months ended in Dec. 2023 was 4.23.

Holcim Receivables Turnover Historical Data

The historical data trend for Holcim'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.

Holcim Receivables Turnover Chart

Holcim Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

8.81

9.44

10.59

10.85

10.38

Holcim Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															4.47	4.17	4.31	3.95	4.23

Competitive Comparison of Holcim's Receivables Turnover

For the Building Materials subindustry, Holcim'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.

Holcim's Receivables Turnover Distribution in the Building Materials Industry

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

* The bar in red indicates where Holcim's Receivables Turnover falls into.

Holcim Receivables Turnover Calculation

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

Holcim'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 )
=	31231.499	/ (	(2870.331	+	3148.705)	/	2 )
=	31231.499	/	3009.518
=	10.38

Holcim'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	16121.647	/ (	(4470.235	+	3148.705)	/	2 )
=	16121.647	/	3809.47
=	4.23

Holcim (OTCPK:HCMLF) 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.

Holcim Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Holcim's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Holcim (Holcim) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Ltd (OTCPK:HCMLF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HCMLY:USA HOLNz:UK 0QKY:UK HLB:Germany HOLN:Switzerland

Address

Grafenauweg 10, Zug, CHE, CH-6300

Website

https://www.holcim.com

Holcim is a global manufacturer of construction materials such as cement, aggregates, and concrete. The company is the result of a merger between Lafarge and Holcim, completed in 2015, which created a leader in the building materials sector. Holcim has a global presence, operating in over 70 countries with 72,000 employees.