Amrest Holdings SE (CHIX:EATE) Receivables Turnover : 8.63 (As of Mar. 2024)

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What is Amrest Holdings SE 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. Amrest Holdings SE's Revenue for the three months ended in Mar. 2024 was €593 Mil. Amrest Holdings SE's average Accounts Receivable for the three months ended in Mar. 2024 was €69 Mil. Hence, Amrest Holdings SE's Receivables Turnover for the three months ended in Mar. 2024 was 8.63.

Amrest Holdings SE Receivables Turnover Historical Data

The historical data trend for Amrest Holdings SE'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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Amrest Holdings SE Receivables Turnover Chart

Amrest Holdings SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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55.96

42.48

53.77

52.19

54.46

Amrest Holdings SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															9.36	10.59	10.71	10.08	8.63

Competitive Comparison of Amrest Holdings SE's Receivables Turnover

For the Restaurants subindustry, Amrest Holdings SE'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.

Amrest Holdings SE's Receivables Turnover Distribution in the Restaurants Industry

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

* The bar in red indicates where Amrest Holdings SE's Receivables Turnover falls into.

Amrest Holdings SE Receivables Turnover Calculation

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

Amrest Holdings SE's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	2431.6	/ (	(44.2	+	45.1)	/	2 )
=	2431.6	/	44.65
=	54.46

Amrest Holdings SE's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	592.6	/ (	(45.1	+	92.3)	/	2 )
=	592.6	/	68.7
=	8.63

Amrest Holdings SE (CHIX:EATe) 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.

Amrest Holdings SE Receivables Turnover Related Terms

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Amrest Holdings SE (CHIX:EATE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Amrest Holdings SE (CHIX:EATe) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

EAT:Poland EAT:Mexico EAT:Spain

Address

Paseo de la Castellana 163, 10th floor, Madrid, ESP, 28046

Website

https://www.amrest.eu

Amrest Holdings SE operates restaurants under several brand names, both owned and franchised, in Poland, Spain, the Czech Republic, Russia, and several other countries. In the Quick Service category, it operates KFC, Burger King, and Starbucks restaurants as a franchisee. In the Casual Dining category, it owns and operates La Tagliatella, Blue Frog, and KABB restaurants, and it franchises Pizza Hut restaurants. KFC restaurants comprise more than half of all restaurants that AmRest operates. Most of the company's revenue is generated in Central and Eastern Europe.

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