GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Farminveste SGPS SA (XLIS:MLFMV) » Definitions » Receivables Turnover

Farminveste SGPS (XLIS:MLFMV) Receivables Turnover : 4.65 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Farminveste 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. Farminveste SGPS's Revenue for the six months ended in Dec. 2023 was €425.9 Mil. Farminveste SGPS's average Accounts Receivable for the six months ended in Dec. 2023 was €91.7 Mil. Hence, Farminveste SGPS's Receivables Turnover for the six months ended in Dec. 2023 was 4.65.


Farminveste SGPS Receivables Turnover Historical Data

The historical data trend for Farminveste 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.

* Premium members only.

Farminveste SGPS Receivables Turnover Chart

Farminveste SGPS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 8.52 8.49 8.81 8.79 8.96

Farminveste SGPS Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.51 4.58 4.57 4.61 4.65

Competitive Comparison of Farminveste SGPS's Receivables Turnover

For the Conglomerates subindustry, Farminveste 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.


Farminveste SGPS's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Farminveste SGPS's Receivables Turnover distribution charts can be found below:

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



Farminveste SGPS Receivables Turnover Calculation

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

Farminveste 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 )
=849.278 / ((95.017 + 94.642) / 2 )
=849.278 / 94.8295
=8.96

Farminveste 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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=425.925 / ((88.743 + 94.642) / 2 )
=425.925 / 91.6925
=4.65

* 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.


Farminveste SGPS  (XLIS:MLFMV) 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.


Farminveste SGPS Receivables Turnover Related Terms

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


Farminveste SGPS (XLIS:MLFMV) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Travessa de Santa Catarina, Lisbon, PRT, 1200-403
Farminveste SGPS SA is a holding company and its subsidiaries are active in the business of pharmacies, pharmaceutical distribution, information systems, health care, real estate, market intelligence and other services.

Farminveste SGPS (XLIS:MLFMV) Headlines

No Headlines