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Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Receivables Turnover : 73.74 (As of Dec. 2022)


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What is Hoteliere et Immobiliere de Nice SHIN 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. Hoteliere et Immobiliere de Nice SHIN's Revenue for the six months ended in Dec. 2022 was €6.64 Mil. Hoteliere et Immobiliere de Nice SHIN's average Accounts Receivable for the six months ended in Dec. 2022 was €0.09 Mil. Hence, Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover for the six months ended in Dec. 2022 was 73.74.

Hoteliere et Immobiliere de Nice SHIN Receivables Turnover Historical Data

The historical data trend for Hoteliere et Immobiliere de Nice SHIN'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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Hoteliere et Immobiliere de Nice SHIN Receivables Turnover Chart

Hoteliere et Immobiliere de Nice SHIN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial 42.71 40.20 16.94 51.73 73.74

Hoteliere et Immobiliere de Nice SHIN Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover Get a 7-Day Free Trial 42.71 40.20 16.94 51.73 73.74

Competitive Comparison of Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover

For the Lodging subindustry, Hoteliere et Immobiliere de Nice SHIN'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.

Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover falls into.


Hoteliere et Immobiliere de Nice SHIN Receivables Turnover Calculation

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

Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=6.637 / ((0.059 + 0.121) / 2 )
=6.637 / 0.09
=73.74

Hoteliere et Immobiliere de Nice SHIN's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=6.637 / ((0.059 + 0.121) / 2 )
=6.637 / 0.09
=73.74

* 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.

Hoteliere et Immobiliere de Nice SHIN  (XPAR:MLHIN) 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.

Hoteliere et Immobiliere de Nice SHIN Receivables Turnover Related Terms

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Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteliere et Immobiliere de Nice SA SHIN (XPAR:MLHIN) » Definitions » Receivables Turnover
Comparable Companies
XPAR:HDP XPAR:MLHOT MAR HLT HTHT LSE:IHG H XPAR:AC LSE:WTB BOM:500850 WH CHH BKK:MINT SHSE:600754 SZSE:000069 ADX:ADNH SAU:4100 SHSE:600258 HKSE:00069 SGX:M04
Traded in Other Exchanges
N/A
Address
50 boulevard Victor Hugo, Nice, FRA, 06000
Website
http://www.shin-hotels.com
Hoteliere et Immobiliere de Nice SA SHIN operates in the hotel industry. It provides accommodation, spa services, conference rooms, gym, bar area, among others.

Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Headlines

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