Adairs (FRA:1FQ) Receivables Turnover : 78.85 (As of Dec. 2023)

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What is Adairs 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. Adairs's Revenue for the six months ended in Dec. 2023 was €185.6 Mil. Adairs's average Accounts Receivable for the six months ended in Dec. 2023 was €2.4 Mil. Hence, Adairs's Receivables Turnover for the six months ended in Dec. 2023 was 78.85.

Adairs Receivables Turnover Historical Data

The historical data trend for Adairs'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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Adairs Receivables Turnover Chart

Adairs Annual Data

Trend

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Receivables Turnover

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Adairs Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial													79.46	111.39	76.10	67.81	78.85

Competitive Comparison of Adairs's Receivables Turnover

For the Specialty Retail subindustry, Adairs'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.

Adairs's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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

Adairs Receivables Turnover Calculation

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

Adairs's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	384.894	/ (	(0	+	0)	/	1 )
=	384.894	/	0
=	N/A

Adairs'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	185.616	/ (	(0	+	2.354)	/	1 )
=	185.616	/	2.354
=	78.85

Adairs (FRA:1FQ) 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.

Adairs Receivables Turnover Related Terms

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Adairs (FRA:1FQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adairs Ltd (FRA:1FQ) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ADH:Australia

Address

2 International Court, Scoresby, Melbourne, VIC, AUS, 3179

Website

https://www.adairs.com.au

Adairs Ltd is engaged in the retailing of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelette, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances, bed wraps, bedspreads, and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry, and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, baskets, throws, home decor, and fragrance products, mirrors, lighting products, and tableware and pets products. Its operating segments are Adairs, Focus and Mocka.

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