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Alfa Plam a.d (XBEL:ALFA) Receivables Turnover : 9.90 (As of Jun. 2022)


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What is Alfa Plam a.d 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. Alfa Plam a.d's Revenue for the six months ended in Jun. 2022 was RSD3,841 Mil. Alfa Plam a.d's average Accounts Receivable for the six months ended in Jun. 2022 was RSD388 Mil. Hence, Alfa Plam a.d's Receivables Turnover for the six months ended in Jun. 2022 was 9.90.


Alfa Plam a.d Receivables Turnover Historical Data

The historical data trend for Alfa Plam a.d'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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Alfa Plam a.d Receivables Turnover Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.87 9.27 10.39 19.20 29.36

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 2.97 6.02 7.79 8.44 9.90

Competitive Comparison of Alfa Plam a.d's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Alfa Plam a.d'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.


Alfa Plam a.d's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Plam a.d's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alfa Plam a.d's Receivables Turnover falls into.



Alfa Plam a.d Receivables Turnover Calculation

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

Alfa Plam a.d's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=7002.903 / ((224.13 + 252.888) / 2 )
=7002.903 / 238.509
=29.36

Alfa Plam a.d's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=3840.741 / ((252.888 + 523.322) / 2 )
=3840.741 / 388.105
=9.90

* 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.


Alfa Plam a.d  (XBEL:ALFA) 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.


Alfa Plam a.d Receivables Turnover Related Terms

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Alfa Plam a.d (XBEL:ALFA) Business Description

Traded in Other Exchanges
N/A
Address
Radni?ka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.

Alfa Plam a.d (XBEL:ALFA) Headlines

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