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Agrana Beteiligungs AG (WBO:AGR) Receivables Turnover : 1.69 (As of Feb. 2024)


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What is Agrana Beteiligungs AG 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. Agrana Beteiligungs AG's Revenue for the three months ended in Feb. 2024 was €839 Mil. Agrana Beteiligungs AG's average Accounts Receivable for the three months ended in Feb. 2024 was €498 Mil. Hence, Agrana Beteiligungs AG's Receivables Turnover for the three months ended in Feb. 2024 was 1.69.


Agrana Beteiligungs AG Receivables Turnover Historical Data

The historical data trend for Agrana Beteiligungs AG'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.

Agrana Beteiligungs AG Receivables Turnover Chart

Agrana Beteiligungs AG Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 7.93 8.04 8.36 8.29

Agrana Beteiligungs AG Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.83 1.88 1.77 1.77 1.69

Competitive Comparison of Agrana Beteiligungs AG's Receivables Turnover

For the Packaged Foods subindustry, Agrana Beteiligungs AG'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.


Agrana Beteiligungs AG's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agrana Beteiligungs AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Agrana Beteiligungs AG's Receivables Turnover falls into.



Agrana Beteiligungs AG Receivables Turnover Calculation

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

Agrana Beteiligungs AG's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=3786.876 / ((471.495 + 441.934) / 2 )
=3786.876 / 456.7145
=8.29

Agrana Beteiligungs AG's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=839.076 / ((553.9 + 441.934) / 2 )
=839.076 / 497.917
=1.69

* 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.


Agrana Beteiligungs AG  (WBO:AGR) 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.


Agrana Beteiligungs AG Receivables Turnover Related Terms

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Agrana Beteiligungs AG (WBO:AGR) Business Description

Traded in Other Exchanges
Address
Friedrich-Wilhelm-Raiffeisen-Platz 1, Vienna, AUT, A-1020
Agrana Beteiligungs AG is a processor of raw materials that manufactures foods and intermediate products for the downstream food industry as well as for non-food applications. The company operates in three segments Sugar, Starch, and Fruit. The Sugar segment processes sugar beet from contract growers and also refines raw sugar purchased. The Starch segment processes and refines raw materials grown by contract farmers or purchased in the open market mainly corn, wheat, and potatoes into premium starch products. The Fruit segment, which is the key revenue driver, custom designs and produces fruit preparations and fruit juice concentrates. The company derives its revenue from Austria, Hungary, Romania and Rest of Europe.
Executives
Mag. Stephan Büttner Board of Directors