Baumart Holdings (ASX:BMH) Receivables Turnover : 0.42 (As of Dec. 2023)

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What is Baumart Holdings 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. Baumart Holdings's Revenue for the six months ended in Dec. 2023 was A$0.44 Mil. Baumart Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.05 Mil. Hence, Baumart Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.42.

Baumart Holdings Receivables Turnover Historical Data

The historical data trend for Baumart Holdings'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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Baumart Holdings Receivables Turnover Chart

Baumart Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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3.67

4.06

6.57

0.41

1.72

Baumart Holdings Semi-Annual Data
	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												4.22	-	0.64	1.58	0.42

Competitive Comparison of Baumart Holdings's Receivables Turnover

For the Building Materials subindustry, Baumart Holdings'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.

Baumart Holdings's Receivables Turnover Distribution in the Building Materials Industry

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

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

Baumart Holdings Receivables Turnover Calculation

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

Baumart Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	1.463	/ (	(0.199	+	1.504)	/	2 )
=	1.463	/	0.8515
=	1.72

Baumart Holdings'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 )
=	0.442	/ (	(1.504	+	0.603)	/	2 )
=	0.442	/	1.0535
=	0.42

Baumart Holdings (ASX:BMH) 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.

Baumart Holdings Receivables Turnover Related Terms

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Baumart Holdings (ASX:BMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Baumart Holdings Ltd (ASX:BMH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 McCabe Street, North Fremantle, Perth, WA, AUS, 6159

Website

https://www.baumart.com.au

Baumart Holdings Ltd is engaged in the procurement, supply, and distribution of building products and materials, to both the residential and commercial construction industries. The company's operating segments include Building Materials Supply; Materials Handling Supply; Source & Procurement Supply; Equipment Investments; and Corporate & Administrative. It generates maximum revenue from the Source & Procurement Supply segment. The Sourcing and Procurement division is focused on providing specialised procurement solutions to a broad range of sectors.

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