Iberpapel Gestion (XMAD:IBG) Receivables Turnover : 1.67 (As of Mar. 2024)

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What is Iberpapel Gestion 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. Iberpapel Gestion's Revenue for the three months ended in Mar. 2024 was €62.1 Mil. Iberpapel Gestion's average Accounts Receivable for the three months ended in Mar. 2024 was €37.3 Mil. Hence, Iberpapel Gestion's Receivables Turnover for the three months ended in Mar. 2024 was 1.67.

Iberpapel Gestion Receivables Turnover Historical Data

The historical data trend for Iberpapel Gestion'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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Iberpapel Gestion Receivables Turnover Chart

Iberpapel Gestion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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6.36

6.66

6.06

7.88

7.38

Iberpapel Gestion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.39	1.74	1.52	1.46	1.67

Competitive Comparison of Iberpapel Gestion's Receivables Turnover

For the Paper & Paper Products subindustry, Iberpapel Gestion'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.

Iberpapel Gestion's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Iberpapel Gestion's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Iberpapel Gestion's Receivables Turnover falls into.

Iberpapel Gestion Receivables Turnover Calculation

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

Iberpapel Gestion's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	295.018	/ (	(39.094	+	40.862)	/	2 )
=	295.018	/	39.978
=	7.38

Iberpapel Gestion'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	62.113	/ (	(33.704	+	40.878)	/	2 )
=	62.113	/	37.291
=	1.67

Iberpapel Gestion (XMAD:IBG) 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.

Iberpapel Gestion Receivables Turnover Related Terms

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Iberpapel Gestion (XMAD:IBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Iberpapel Gestion SA (XMAD:IBG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IBG:Germany

Address

Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010

Website

http://www.iberpapel.es

Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

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