Origin Enterprises (LSE:OGN) Receivables Turnover : 2.31 (As of Jan. 2024)

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What is Origin Enterprises 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. Origin Enterprises's Revenue for the six months ended in Jan. 2024 was €855 Mil. Origin Enterprises's average Accounts Receivable for the six months ended in Jan. 2024 was €370 Mil. Hence, Origin Enterprises's Receivables Turnover for the six months ended in Jan. 2024 was 2.31.

Origin Enterprises Receivables Turnover Historical Data

The historical data trend for Origin Enterprises'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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Origin Enterprises Receivables Turnover Chart

Origin Enterprises Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Receivables Turnover

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4.03

3.79

4.46

6.02

5.87

Origin Enterprises Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															2.41	3.94	3.11	3.19	2.31

Competitive Comparison of Origin Enterprises's Receivables Turnover

For the Farm Products subindustry, Origin Enterprises'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.

Origin Enterprises's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Origin Enterprises's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Origin Enterprises's Receivables Turnover falls into.

Origin Enterprises Receivables Turnover Calculation

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

Origin Enterprises's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	2456.168	/ (	(397.131	+	440.398)	/	2 )
=	2456.168	/	418.7645
=	5.87

Origin Enterprises's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Jul. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	854.913	/ (	(440.398	+	298.655)	/	2 )
=	854.913	/	369.5265
=	2.31

Origin Enterprises (LSE:OGN) 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.

Origin Enterprises Receivables Turnover Related Terms

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Origin Enterprises (LSE:OGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Origin Enterprises PLC (LSE:OGN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ORENF:USA OIZ:Ireland OIZ:Germany

Address

4-6 Riverwalk, Citywest Business Campus, Dublin, IRL, 24

Website

https://www.originenterprises.com

Origin Enterprises PLC is an agri-service business with operations throughout Europe. It provides technologies and strategic products to support food production systems for primary food producers. The company acts as an advisor for varietal selection, nutrition, crop protection, and other techniques to improve crop performance. Fertilizers, animal feed, seeds, and other agricultural supplements are sold to enhance farming productivity. It delivers products to farms from local distribution centers, and agronomists study the timing of applications to achieve the best results for customers. Farm visitations happen throughout each year, and soil and tissue analysis is conducted to either stop deficiencies or prevent future occurrences.