Catering International Services (XPAR:ALCIS) Receivables Turnover : 2.76 (As of Dec. 2023)

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What is Catering International Services 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. Catering International Services's Revenue for the six months ended in Dec. 2023 was €171.6 Mil. Catering International Services's average Accounts Receivable for the six months ended in Dec. 2023 was €62.1 Mil. Hence, Catering International Services's Receivables Turnover for the six months ended in Dec. 2023 was 2.76.

Catering International Services Receivables Turnover Historical Data

The historical data trend for Catering International Services'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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Catering International Services Receivables Turnover Chart

Catering International Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.18

4.54

5.05

6.15

5.49

Catering International Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.46	2.66	2.89	2.81	2.76

Competitive Comparison of Catering International Services's Receivables Turnover

For the Specialty Business Services subindustry, Catering International Services'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.

Catering International Services's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Catering International Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Catering International Services's Receivables Turnover falls into.

Catering International Services Receivables Turnover Calculation

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

Catering International Services'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 )
=	326.173	/ (	(52.253	+	66.551)	/	2 )
=	326.173	/	59.402
=	5.49

Catering International Services'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 )
=	171.577	/ (	(57.697	+	66.551)	/	2 )
=	171.577	/	62.124
=	2.76

Catering International Services (XPAR:ALCIS) 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.

Catering International Services Receivables Turnover Related Terms

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Catering International Services (XPAR:ALCIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Catering International Services (XPAR:ALCIS) » Definitions » Receivables Turnover

Comparable Companies

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8WG:Germany

Address

40 C, avenue de Hambourg BP 184, Marseille, FRA, 13008

Website

https://www.cis-catering.com

Catering International Services is engaged in the business of providing catering accommodations and facilities management services for companies operating in difficult environments. The company is engaged in promoting the socio-economic development of local populations in countries where it operates and also integrated services with its core business. Its services portfolio consists of transport and supply, construction, engineering, multi-technical maintenance, waste management, housekeeping, collection, laundry etc. The company has Africa, Asia, Oceania, Middle East, South America and Commonwealth of independent states geographic segments. It derives the majority of its revenue from Africa segment.

Catering International Services (XPAR:ALCIS) Headlines

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