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M P Evans Group (FRA:NYP) Receivables Turnover : 10.84 (As of Dec. 2023)


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What is M P Evans Group 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. M P Evans Group's Revenue for the six months ended in Dec. 2023 was €158.5 Mil. M P Evans Group's average Accounts Receivable for the six months ended in Dec. 2023 was €14.6 Mil. Hence, M P Evans Group's Receivables Turnover for the six months ended in Dec. 2023 was 10.84.


M P Evans Group Receivables Turnover Historical Data

The historical data trend for M P Evans Group'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.

M P Evans Group Receivables Turnover Chart

M P Evans Group 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 61.13 52.85 57.98 56.25 81.97

M P Evans Group Semi-Annual Data
Jun14 Dec14 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 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 6.09 10.32 9.63 7.56 10.84

Competitive Comparison of M P Evans Group's Receivables Turnover

For the Farm Products subindustry, M P Evans Group'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.


M P Evans Group's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M P Evans Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where M P Evans Group's Receivables Turnover falls into.



M P Evans Group Receivables Turnover Calculation

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

M P Evans Group'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 )
=281.856 / ((5.227 + 1.65) / 2 )
=281.856 / 3.4385
=81.97

M P Evans Group'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 )
=158.548 / ((27.602 + 1.65) / 2 )
=158.548 / 14.626
=10.84

* 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.


M P Evans Group  (FRA:NYP) 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.


M P Evans Group Receivables Turnover Related Terms

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M P Evans Group (FRA:NYP) Business Description

Traded in Other Exchanges
Address
3 Clanricarde Gardens, Tunbridge Wells, Kent, GBR, TN1 1HQ
M P Evans Group PLC operates oil palm and rubber plantations in Indonesia, beef-cattle operations in Australia, and oil-palm plantations and property development in West Malaysia. The company's business includes plantation crops in Indonesia, with a residual balance in Malaysia, cattle in Australia, and property development in Malaysia. It operates through segments namely, palm oil plantation crops in Indonesia and property development in Malaysia and Others. The company generates the majority of its revenue from palm oil plantation crops in Indonesia.

M P Evans Group (FRA:NYP) Headlines

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