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Shepherd Neame (AQSE:SHEP) Receivables Turnover : 4.92 (As of Dec. 2023)


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What is Shepherd Neame 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. Shepherd Neame's Revenue for the six months ended in Dec. 2023 was £89.0 Mil. Shepherd Neame's average Accounts Receivable for the six months ended in Dec. 2023 was £18.1 Mil. Hence, Shepherd Neame's Receivables Turnover for the six months ended in Dec. 2023 was 4.92.


Shepherd Neame Receivables Turnover Historical Data

The historical data trend for Shepherd Neame'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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Shepherd Neame Receivables Turnover Chart

Shepherd Neame 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 13.30 13.80 9.30 11.77 12.01

Shepherd Neame 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.24 4.65 5.36 4.97 4.92

Competitive Comparison of Shepherd Neame's Receivables Turnover

For the Restaurants subindustry, Shepherd Neame'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.


Shepherd Neame's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shepherd Neame's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shepherd Neame's Receivables Turnover falls into.



Shepherd Neame Receivables Turnover Calculation

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

Shepherd Neame'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 )
=166.267 / ((13.505 + 14.18) / 2 )
=166.267 / 13.8425
=12.01

Shepherd Neame'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 )
=89.02 / ((14.18 + 22.04) / 2 )
=89.02 / 18.11
=4.92

* 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.


Shepherd Neame  (AQSE:SHEP) 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.


Shepherd Neame Receivables Turnover Related Terms

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Shepherd Neame (AQSE:SHEP) Business Description

Traded in Other Exchanges
Address
17 Court Street, Faversham, Kent, GBR, ME13 7AX
Shepherd Neame Ltd is engaged in the brewing and packaging of beer, wholesaling and retailing of beer, cider, wines, spirits and minerals, property ownership and public house, and providing hotel management services. Its operating segments include Brewing and Brands, Retail Pubs, and Tenanted Pubs. The company's brands include Master Brew, Whitstable Bay, Queen Court, India Pale Ale, Samuel Adams, Asahi and Bishops Finger. It generates maximum revenue from the Managed Pubs segment. Geographically, it derives a majority of revenue from the United Kingdom.

Shepherd Neame (AQSE:SHEP) Headlines

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