Ibersol SGPS (XLIS:IBS) Receivables Turnover : 4.10 (As of Dec. 2023)

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What is Ibersol SGPS 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. Ibersol SGPS's Revenue for the three months ended in Dec. 2023 was €108.1 Mil. Ibersol SGPS's average Accounts Receivable for the three months ended in Dec. 2023 was €26.4 Mil. Hence, Ibersol SGPS's Receivables Turnover for the three months ended in Dec. 2023 was 4.10.

Ibersol SGPS Receivables Turnover Historical Data

The historical data trend for Ibersol SGPS'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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Ibersol SGPS Receivables Turnover Chart

Ibersol SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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51.24

40.42

47.49

38.43

41.68

Ibersol SGPS 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															9.11	8.87	3.87	2.46	4.10

Competitive Comparison of Ibersol SGPS's Receivables Turnover

For the Restaurants subindustry, Ibersol SGPS'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.

Ibersol SGPS's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ibersol SGPS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ibersol SGPS's Receivables Turnover falls into.

Ibersol SGPS Receivables Turnover Calculation

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

Ibersol SGPS'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 )
=	418.184	/ (	(14.811	+	5.256)	/	2 )
=	418.184	/	10.0335
=	41.68

Ibersol SGPS'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 )
=	108.105	/ (	(47.504	+	5.256)	/	2 )
=	108.105	/	26.38
=	4.10

Ibersol SGPS (XLIS:IBS) 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.

Ibersol SGPS Receivables Turnover Related Terms

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Ibersol SGPS (XLIS:IBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ibersol SGPS SA (XLIS:IBS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

L34:Germany

Address

Edificio Peninsula, Praca do Bom Sucesso, 105-159 - 9th floor, Porto, PRT, 4150-146

Website

https://www.ibersol.pt

Ibersol SGPS SA., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, and Angola. It provides services in the business segments such as Restaurants which comprises the units with table service and home delivery restaurant offerings, Counters which comprises the units with over-the-counter sales, and Concessions & Catering which includes all the other businesses, namely the catering activity and the units located in concession areas. Ibersol functions restaurant units through various brands, including Pizza Hut, Pasta Caffe, Pans & Company, Taco Bell, and Eat out Group.

Ibersol SGPS (XLIS:IBS) Headlines

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