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Endeavour Group (ASX:EDV) Receivables Turnover : 52.50 (As of Dec. 2023)


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What is Endeavour Group 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. Endeavour Group's Revenue for the six months ended in Dec. 2023 was A$6,667 Mil. Endeavour Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$127 Mil. Hence, Endeavour Group's Receivables Turnover for the six months ended in Dec. 2023 was 52.50.


Endeavour Group Receivables Turnover Historical Data

The historical data trend for Endeavour Group'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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Endeavour Group Receivables Turnover Chart

Endeavour Group Annual Data
Trend Jun21 Jun22 Jun23
Receivables Turnover
263.52 257.71 250.19

Endeavour Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial 55.59 45.74 55.10 45.04 52.50

Competitive Comparison of Endeavour Group's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Endeavour Group'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.


Endeavour Group's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Endeavour Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Endeavour Group's Receivables Turnover falls into.



Endeavour Group Receivables Turnover Calculation

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

Endeavour Group'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 )
=11884 / ((46 + 49) / 2 )
=11884 / 47.5
=250.19

Endeavour Group'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 )
=6667 / ((49 + 205) / 2 )
=6667 / 127
=52.50

* 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.


Endeavour Group  (ASX:EDV) 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.


Endeavour Group Receivables Turnover Related Terms

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Endeavour Group (ASX:EDV) Business Description

Traded in Other Exchanges
Address
26 Waterloo Street, Surry Hills, NSW, AUS, 2010
Endeavour Group Ltd is an investment in wide-moat-rated Endeavour Group provides investors with exposure to one of the well-entrenched dividend-paying businesses in the Australian retail landscape. Following decades of enduring organic growth through store rollouts, Endeavour's off-premises retail segment—with more than 1,600 retail outlets mainly across its Dan Murphy's and BWS brands—accounts for approximately half of all off-premises retail liquor sales within Australia. Endeavour's immense scale in the off-premises retail segment is unrivaled within Australia. Indeed, Endeavour's sales are almost three times larger than its nearest retail competitor, Coles.

Endeavour Group (ASX:EDV) Headlines

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