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McColl's Retail Group (LSE:MCLS) Receivables Turnover : 35.13 (As of May. 2021)


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What is McColl's Retail 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. McColl's Retail Group's Revenue for the six months ended in May. 2021 was £573 Mil. McColl's Retail Group's average Accounts Receivable for the six months ended in May. 2021 was £16 Mil. Hence, McColl's Retail Group's Receivables Turnover for the six months ended in May. 2021 was 35.13.


McColl's Retail Group Receivables Turnover Historical Data

The historical data trend for McColl's Retail 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.

* Premium members only.

McColl's Retail Group Receivables Turnover Chart

McColl's Retail Group Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.88 444.56 476.23 408.34 433.83

McColl's Retail Group Semi-Annual Data
Nov11 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
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 30.67 30.94 28.87 30.89 35.13

Competitive Comparison of McColl's Retail Group's Receivables Turnover

For the Grocery Stores subindustry, McColl's Retail 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.


McColl's Retail Group's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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



McColl's Retail Group Receivables Turnover Calculation

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

McColl's Retail Group's Receivables Turnover for the fiscal year that ended in Nov. 2020 is calculated as

Receivables Turnover (A: Nov. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2020 ) / ((Accounts Receivable (A: Nov. 2019 ) + Accounts Receivable (A: Nov. 2020 )) / count )
=1258.1 / ((2.7 + 3.1) / 2 )
=1258.1 / 2.9
=433.83

McColl's Retail Group's Receivables Turnover for the quarter that ended in May. 2021 is calculated as

Receivables Turnover (Q: May. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: May. 2021 ) / ((Accounts Receivable (Q: Nov. 2020 ) + Accounts Receivable (Q: May. 2021 )) / count )
=572.7 / ((3.1 + 29.5) / 2 )
=572.7 / 16.3
=35.13

* 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.


McColl's Retail Group  (LSE:MCLS) 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.


McColl's Retail Group Receivables Turnover Related Terms

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McColl's Retail Group (LSE:MCLS) Business Description

Traded in Other Exchanges
N/A
Address
One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW
McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

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