Prada SpA (HKSE:01913) Receivables Turnover : 3.41 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Prada SpA 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. Prada SpA's Revenue for the three months ended in Dec. 2023 was HK$11,777 Mil. Prada SpA's average Accounts Receivable for the three months ended in Dec. 2023 was HK$3,451 Mil. Hence, Prada SpA's Receivables Turnover for the three months ended in Dec. 2023 was 3.41.

Prada SpA Receivables Turnover Historical Data

The historical data trend for Prada SpA'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.

Prada SpA Receivables Turnover Chart

Prada SpA Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

9.96

8.32

10.51

12.28

13.01

Prada SpA Quarterly Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.17	3.69	-	3.36	3.41

Competitive Comparison of Prada SpA's Receivables Turnover

For the Luxury Goods subindustry, Prada SpA'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.

Prada SpA's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Prada SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Prada SpA's Receivables Turnover falls into.

Prada SpA Receivables Turnover Calculation

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

Prada SpA'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 )
=	40253.353	/ (	(2737.385	+	3450.543)	/	2 )
=	40253.353	/	3093.964
=	13.01

Prada SpA'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 )
=	11776.608	/ (	(0	+	3450.543)	/	1 )
=	11776.608	/	3450.543
=	3.41

Prada SpA (HKSE:01913) 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.

Prada SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Prada SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Prada SpA (HKSE:01913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Prada SpA (HKSE:01913) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PRDSY:USA PRDSF:USA PRP:Germany

Address

Via Antonio Fogazzaro, 28, Milan, ITA, 20135

Website

https://www.pradagroup.com

Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates more than EUR 4.2 billion in sales, with almost 90% from the Prada brand. Leather goods make up 50% of retail sales, ready-to-wear 29%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 21% in the Americas, and 10% in Japan.

Executives

Bertelli Patrizio	2201 Interest of corporation controlled by you
Pa Be 1 S.p.a.	2201 Interest of corporation controlled by you
Ludo S.p.a. (formerly Known As "ludo S.r.l.")	2201 Interest of corporation controlled by you
Prada Bianchi Miuccia	2201 Interest of corporation controlled by you

Prada SpA (HKSE:01913) Headlines

No Headlines