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Agria Group Hol (XBUL:AGH) Receivables Turnover : 2.66 (As of Dec. 2023)


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What is Agria Group Hol 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. Agria Group Hol's Revenue for the three months ended in Dec. 2023 was лв181.2 Mil. Agria Group Hol's average Accounts Receivable for the three months ended in Dec. 2023 was лв68.0 Mil. Hence, Agria Group Hol's Receivables Turnover for the three months ended in Dec. 2023 was 2.66.


Agria Group Hol Receivables Turnover Historical Data

The historical data trend for Agria Group Hol'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.

Agria Group Hol Receivables Turnover Chart

Agria Group Hol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.54 15.88 15.54 17.80 21.39

Agria Group Hol Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.41 3.88 4.01 2.78 2.66

Competitive Comparison of Agria Group Hol's Receivables Turnover

For the Conglomerates subindustry, Agria Group Hol'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.


Agria Group Hol's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Agria Group Hol's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Agria Group Hol's Receivables Turnover falls into.



Agria Group Hol Receivables Turnover Calculation

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

Agria Group Hol's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=729.568 / ((35.525 + 32.685) / 2 )
=729.568 / 34.105
=21.39

Agria Group Hol'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=181.223 / ((103.384 + 32.685) / 2 )
=181.223 / 68.0345
=2.66

* 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.


Agria Group Hol  (XBUL:AGH) 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.


Agria Group Hol Receivables Turnover Related Terms

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Agria Group Hol (XBUL:AGH) Business Description

Traded in Other Exchanges
N/A
Address
111 Knyaz Boris I Boulevard, 9th Floor, Dimyat Business Center, Primorski District, Varna, BGR, 9002
Agria Group Hol is an investment holding company. The company divisions include Agribusiness which involves purchase and lease of agricultural land, cultivation of cereals and oilseeds, and construction of irrigation systems; Storage and processing of agricultural products include construction and management of modern granaries; Trade and export and Renewable energy sources.

Agria Group Hol (XBUL:AGH) Headlines

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