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DS Smith (LSE:SMDS) Receivables Turnover : 3.22 (As of Oct. 2023)


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What is DS Smith 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. DS Smith's Revenue for the six months ended in Oct. 2023 was £3,513 Mil. DS Smith's average Accounts Receivable for the six months ended in Oct. 2023 was £1,092 Mil. Hence, DS Smith's Receivables Turnover for the six months ended in Oct. 2023 was 3.22.


DS Smith Receivables Turnover Historical Data

The historical data trend for DS Smith'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.

DS Smith Receivables Turnover Chart

DS Smith Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.38 9.93 9.98 8.84 8.13

DS Smith Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 4.06 3.88 3.62 3.25 3.22

Competitive Comparison of DS Smith's Receivables Turnover

For the Packaging & Containers subindustry, DS Smith'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.


DS Smith's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, DS Smith's Receivables Turnover distribution charts can be found below:

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



DS Smith Receivables Turnover Calculation

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

DS Smith's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=8221 / ((993 + 1029) / 2 )
=8221 / 1011
=8.13

DS Smith's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

Receivables Turnover (Q: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2023 ) / ((Accounts Receivable (Q: Apr. 2023 ) + Accounts Receivable (Q: Oct. 2023 )) / count )
=3513 / ((1029 + 1155) / 2 )
=3513 / 1092
=3.22

* 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.


DS Smith  (LSE:SMDS) 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.


DS Smith Receivables Turnover Related Terms

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DS Smith (LSE:SMDS) Business Description

Traded in Other Exchanges
Address
1 Paddington Square, Level 3, London, GBR, W2 1DL
DS Smith PLC manufactures and sells packaging and packaging-related products. The company produces corrugated boards made from recycled paper materials. The firm organizes itself into four segments. The segments are based on geography: U.K., Western Europe, DCH and Northern Europe, and Central Europe and Italy. The Western Europe and Central Europe and Italy segments generate more revenue than any other segment.

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