GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Andrew Peller Ltd (TSX:ADW.A) » Definitions » Receivables Turnover

Andrew Peller (TSX:ADW.A) Receivables Turnover : 2.88 (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Andrew Peller 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. Andrew Peller's Revenue for the three months ended in Dec. 2023 was C$100.2 Mil. Andrew Peller's average Accounts Receivable for the three months ended in Dec. 2023 was C$34.8 Mil. Hence, Andrew Peller's Receivables Turnover for the three months ended in Dec. 2023 was 2.88.


Andrew Peller Receivables Turnover Historical Data

The historical data trend for Andrew Peller'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.

Andrew Peller Receivables Turnover Chart

Andrew Peller 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 12.48 11.97 12.48 13.29 14.51

Andrew Peller Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.01 2.32 3.69 2.66 2.88

Competitive Comparison of Andrew Peller's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Andrew Peller'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.


Andrew Peller's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

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

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



Andrew Peller Receivables Turnover Calculation

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

Andrew Peller'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 )
=382.14 / ((27.376 + 25.297) / 2 )
=382.14 / 26.3365
=14.51

Andrew Peller'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=100.192 / ((46.104 + 23.472) / 2 )
=100.192 / 34.788
=2.88

* 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.


Andrew Peller  (TSX:ADW.A) 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.


Andrew Peller Receivables Turnover Related Terms

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


Andrew Peller (TSX:ADW.A) Business Description

Traded in Other Exchanges
Address
697 South Service Road, Grimsby, ON, CAN, L3M 4E8
Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company's brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.

Andrew Peller (TSX:ADW.A) Headlines

No Headlines