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Sporting Clube de Braga Futebold (XLIS:SCB) Receivables Turnover : 1.88 (As of Jun. 2023)


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What is Sporting Clube de Braga Futebold 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. Sporting Clube de Braga Futebold's Revenue for the six months ended in Jun. 2023 was €15.21 Mil. Sporting Clube de Braga Futebold's average Accounts Receivable for the six months ended in Jun. 2023 was €8.11 Mil. Hence, Sporting Clube de Braga Futebold's Receivables Turnover for the six months ended in Jun. 2023 was 1.88.


Sporting Clube de Braga Futebold Receivables Turnover Historical Data

The historical data trend for Sporting Clube de Braga Futebold'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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Sporting Clube de Braga Futebold Receivables Turnover Chart

Sporting Clube de Braga Futebold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.85 1.06 1.42 1.88

Sporting Clube de Braga Futebold Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 1.30 0.85 1.06 1.42 1.88

Competitive Comparison of Sporting Clube de Braga Futebold's Receivables Turnover

For the Entertainment subindustry, Sporting Clube de Braga Futebold'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.


Sporting Clube de Braga Futebold's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sporting Clube de Braga Futebold's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sporting Clube de Braga Futebold's Receivables Turnover falls into.



Sporting Clube de Braga Futebold Receivables Turnover Calculation

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

Sporting Clube de Braga Futebold's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=15.21 / ((10.631 + 5.583) / 2 )
=15.21 / 8.107
=1.88

Sporting Clube de Braga Futebold's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=15.21 / ((10.631 + 5.583) / 2 )
=15.21 / 8.107
=1.88

* 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.


Sporting Clube de Braga Futebold  (XLIS:SCB) 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.


Sporting Clube de Braga Futebold Receivables Turnover Related Terms

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Sporting Clube de Braga Futebold (XLIS:SCB) Business Description

Traded in Other Exchanges
N/A
Address
Estadio AXA, Parque Norte- Apartado 12, Monte Castro, Dume, Braga, PRT, 4700-087
Sporting Clube de Braga Futebol Sad is engaged in the management of professional football club. It is also involved in other sports such as athletics, swimming, taekwondo, futsal, volleyball, pool, adapted sports and basketball.

Sporting Clube de Braga Futebold (XLIS:SCB) Headlines

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