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Naked Wines (LSE:WINE) Receivables Turnover : 44.30 (As of Sep. 2023)


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What is Naked Wines 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. Naked Wines's Revenue for the six months ended in Sep. 2023 was £132.3 Mil. Naked Wines's average Accounts Receivable for the six months ended in Sep. 2023 was £3.0 Mil. Hence, Naked Wines's Receivables Turnover for the six months ended in Sep. 2023 was 44.30.


Naked Wines Receivables Turnover Historical Data

The historical data trend for Naked Wines'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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Naked Wines Receivables Turnover Chart

Naked Wines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.81 52.34 1,753.74 516.61 384.41

Naked Wines Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 50.72 51.26 35.58 43.59 44.30

Competitive Comparison of Naked Wines's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Naked Wines'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.


Naked Wines's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Naked Wines's Receivables Turnover distribution charts can be found below:

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



Naked Wines Receivables Turnover Calculation

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

Naked Wines's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=354.045 / ((1.261 + 0.581) / 2 )
=354.045 / 0.921
=384.41

Naked Wines's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=132.339 / ((0.581 + 5.393) / 2 )
=132.339 / 2.987
=44.30

* 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.


Naked Wines  (LSE:WINE) 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.


Naked Wines Receivables Turnover Related Terms

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Naked Wines (LSE:WINE) Business Description

Traded in Other Exchanges
Address
51-59 Rose Lane, 4th Floor, The Union Building, Norwich, GBR, NR1 1BY
Naked Wines PLC is engaged in the retailing of wines and spirits. The company's operating segment includes Naked Wines. Its geographical segments are United States, United Kingdom, and Australia.

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