GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » L'Occitane International SA (OTCPK:LCCTF) » Definitions » Receivables Turnover

L'Occitane International (L'Occitane International) Receivables Turnover : 3.86 (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is L'Occitane International 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. L'Occitane International's Revenue for the six months ended in Sep. 2023 was $1,144 Mil. L'Occitane International's average Accounts Receivable for the six months ended in Sep. 2023 was $296 Mil. Hence, L'Occitane International's Receivables Turnover for the six months ended in Sep. 2023 was 3.86.


L'Occitane International Receivables Turnover Historical Data

The historical data trend for L'Occitane International'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.

* Premium members only.

L'Occitane International Receivables Turnover Chart

L'Occitane International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.86 11.82 11.95 10.30 9.24

L'Occitane International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.32 5.46 3.76 5.00 3.86

Competitive Comparison of L'Occitane International's Receivables Turnover

For the Household & Personal Products subindustry, L'Occitane International'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.


L'Occitane International's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where L'Occitane International's Receivables Turnover falls into.



L'Occitane International Receivables Turnover Calculation

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

L'Occitane International's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=2285.534 / ((219.849 + 274.682) / 2 )
=2285.534 / 247.2655
=9.24

L'Occitane International's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1144.102 / ((274.682 + 317.852) / 2 )
=1144.102 / 296.267
=3.86

* 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.


L'Occitane International  (OTCPK:LCCTF) 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.


L'Occitane International Receivables Turnover Related Terms

Thank you for viewing the detailed overview of L'Occitane International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


L'Occitane International (L'Occitane International) Business Description

Traded in Other Exchanges
Address
49, Boulevard Prince Henri, Luxembourg, LUX, L-1724
L'Occitane International manufactures and sells beauty and well-being products with natural and organic ingredients. It currently has seven brands: L'Occitane en Provence, Elemis, Sol de Janeiro, Grown Alchemist, Melvita, Erborian, and LimeLife. L'Occitane en Provence is the core brand and contributed 76% to group sales in the financial year ended March 2022. The company sells its products mainly through its own retail stores but also through distributors and other channels. It has a global presence; its top three markets are the United States, Japan, and China.

L'Occitane International (L'Occitane International) Headlines