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Barratt Developments (Barratt Developments) Receivables Turnover : 19.04 (As of Dec. 2023)


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What is Barratt Developments 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. Barratt Developments's Revenue for the six months ended in Dec. 2023 was $2,343 Mil. Barratt Developments's average Accounts Receivable for the six months ended in Dec. 2023 was $123 Mil. Hence, Barratt Developments's Receivables Turnover for the six months ended in Dec. 2023 was 19.04.


Barratt Developments Receivables Turnover Historical Data

The historical data trend for Barratt Developments'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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Barratt Developments Receivables Turnover Chart

Barratt Developments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.82 28.62 37.54 33.75 60.59

Barratt Developments 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 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 13.70 23.48 19.68 21.27 19.04

Competitive Comparison of Barratt Developments's Receivables Turnover

For the Residential Construction subindustry, Barratt Developments'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.


Barratt Developments's Receivables Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Barratt Developments's Receivables Turnover distribution charts can be found below:

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



Barratt Developments Receivables Turnover Calculation

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

Barratt Developments'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 )
=6718.939 / ((132.512 + 89.268) / 2 )
=6718.939 / 110.89
=60.59

Barratt Developments'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 )
=2342.785 / ((89.268 + 156.835) / 2 )
=2342.785 / 123.0515
=19.04

* 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.


Barratt Developments  (OTCPK:BTDPY) 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.


Barratt Developments Receivables Turnover Related Terms

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Barratt Developments (Barratt Developments) Business Description

Traded in Other Exchanges
Address
1st Floor, Kent House, 14 - 17 Market Place, London, GBR, W1W 8AJ
Barratt Developments is the U.K.'s largest residential property developer by revenue and dwelling completions, marketing homes under its three brands Barratt Homes, David Wilson Homes, and Barratt London. Aligning with the typical business model employed by U.K. homebuilders, Barratt is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.

Barratt Developments (Barratt Developments) Headlines

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