Bioceres Crop Solutions (FRA:0G4) Receivables Turnover : 0.41 (As of Mar. 2024)

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What is Bioceres Crop Solutions 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. Bioceres Crop Solutions's Revenue for the three months ended in Mar. 2024 was €77.3 Mil. Bioceres Crop Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was €188.7 Mil. Hence, Bioceres Crop Solutions's Receivables Turnover for the three months ended in Mar. 2024 was 0.41.

Bioceres Crop Solutions Receivables Turnover Historical Data

The historical data trend for Bioceres Crop Solutions'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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Bioceres Crop Solutions Receivables Turnover Chart

Bioceres Crop Solutions Annual Data

Trend

Jan18

Jan19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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2.34

2.47

3.46

3.08

Bioceres Crop Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.55	0.66	0.68	0.72	0.41

Competitive Comparison of Bioceres Crop Solutions's Receivables Turnover

For the Agricultural Inputs subindustry, Bioceres Crop Solutions'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.

Bioceres Crop Solutions's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bioceres Crop Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bioceres Crop Solutions's Receivables Turnover falls into.

Bioceres Crop Solutions Receivables Turnover Calculation

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

Bioceres Crop Solutions'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 )
=	387.149	/ (	(105.717	+	145.84)	/	2 )
=	387.149	/	125.7785
=	3.08

Bioceres Crop Solutions's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	77.316	/ (	(183.094	+	194.29)	/	2 )
=	77.316	/	188.692
=	0.41

Bioceres Crop Solutions (FRA:0G4) 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.

Bioceres Crop Solutions Receivables Turnover Related Terms

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Bioceres Crop Solutions (FRA:0G4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Bioceres Crop Solutions Corp (FRA:0G4) » Definitions » Receivables Turnover

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BIOX:USA

Address

Ocampo 210 Bis, Predio CCT, Province of Santa Fe, Rosario, ARG, 2000

Website

https://www.biocerescrops.com

Bioceres Crop Solutions Corp is a fully-integrated provider of crop productivity solutions, including seeds, seed traits, seed treatments, biologicals, high-value adjuvants and fertilizers. The company has developed a multi-discipline and multi-product platform capable of providing solutions throughout the entire crop cycle, from pre-planting to transportation and storage. The business divisions consist of crop protection, seed and integrated products, and crop nutrition. The company derives majority of its revenue from the crop protection division. Its product includes fertilizers, inoculants, adjuvants, crop protection solutions and seeds.

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