GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Beauty Health Co (FRA:V7A0) » Definitions » Receivables Turnover

The Beauty Health Co (FRA:V7A0) Receivables Turnover : 1.59 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is The Beauty Health Co 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. The Beauty Health Co's Revenue for the three months ended in Mar. 2024 was €74.9 Mil. The Beauty Health Co's average Accounts Receivable for the three months ended in Mar. 2024 was €47.0 Mil. Hence, The Beauty Health Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.59.


The Beauty Health Co Receivables Turnover Historical Data

The historical data trend for The Beauty Health Co'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.

The Beauty Health Co Receivables Turnover Chart

The Beauty Health Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 7.02 5.35 8.12 6.08 5.96

The Beauty Health Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.17 1.61 1.39 1.57 1.59

Competitive Comparison of The Beauty Health Co's Receivables Turnover

For the Household & Personal Products subindustry, The Beauty Health Co'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.


The Beauty Health Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Beauty Health Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Beauty Health Co's Receivables Turnover falls into.



The Beauty Health Co Receivables Turnover Calculation

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

The Beauty Health Co'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 )
=364.958 / ((72.21 + 50.157) / 2 )
=364.958 / 61.1835
=5.96

The Beauty Health Co'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: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=74.891 / ((50.157 + 43.853) / 2 )
=74.891 / 47.005
=1.59

* 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.


The Beauty Health Co  (FRA:V7A0) 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.


The Beauty Health Co Receivables Turnover Related Terms

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


The Beauty Health Co (FRA:V7A0) Business Description

Traded in Other Exchanges
Address
2165 Spring Street, Long Beach, CA, USA, 90806
The Beauty Health Co is a category-creating beauty health company focused on bringing innovative products to market. The company's flagship brand HydraFacial is a non-invasive, and approachable beauty health platform and ecosystem with a powerful community of estheticians, consumers and partners, bridging medical and consumer retail to democratize and personalize skin care solutions for the masses. Geographically, it derives a majority of revenue from the Americas.

The Beauty Health Co (FRA:V7A0) Headlines

No Headlines