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Florentaise S A (XPAR:ALFLO) Receivables Turnover : 11.95 (As of Jun. 2022)


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What is Florentaise S A 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. Florentaise S A's Revenue for the six months ended in Jun. 2022 was €57.51 Mil. Florentaise S A's average Accounts Receivable for the six months ended in Jun. 2022 was €4.81 Mil. Hence, Florentaise S A's Receivables Turnover for the six months ended in Jun. 2022 was 11.95.


Florentaise S A Receivables Turnover Historical Data

The historical data trend for Florentaise S A'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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Florentaise S A Receivables Turnover Chart

Florentaise S A Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Receivables Turnover
- 9.11 10.04 11.95

Florentaise S A Semi-Annual Data
Jun19 Jun20 Jun21 Jun22
Receivables Turnover - 9.11 10.04 11.95

Competitive Comparison of Florentaise S A's Receivables Turnover

For the Agricultural Inputs subindustry, Florentaise S A'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.


Florentaise S A's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Florentaise S A's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Florentaise S A's Receivables Turnover falls into.



Florentaise S A Receivables Turnover Calculation

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

Florentaise S A's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=57.511 / ((5.519 + 4.109) / 2 )
=57.511 / 4.814
=11.95

Florentaise S A's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Jun. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=57.511 / ((5.519 + 4.109) / 2 )
=57.511 / 4.814
=11.95

* 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.


Florentaise S A  (XPAR:ALFLO) 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.


Florentaise S A Receivables Turnover Related Terms

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Florentaise S A (XPAR:ALFLO) Business Description

Traded in Other Exchanges
Address
Le Grand Patis, Saint-Mars-du-Desert, FRA, 44850
Florentaise S A ambition is to develop innovative products and components serving the cultivation, food and health of plants that are both environmentally friendly and effective.

Florentaise S A (XPAR:ALFLO) Headlines

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