GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Ltd (LTS:0O9W) » Definitions » Receivables Turnover

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public (LTS:0O9W) Receivables Turnover : 3.86 (As of Dec. 2023)


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What is Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public 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. Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's Revenue for the six months ended in Dec. 2023 was €12.58 Mil. Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's average Accounts Receivable for the six months ended in Dec. 2023 was €3.26 Mil. Hence, Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's Receivables Turnover for the six months ended in Dec. 2023 was 3.86.


Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Receivables Turnover Historical Data

The historical data trend for Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public'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.

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Receivables Turnover Chart

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.56 8.77 6.87 7.44 9.24

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public 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 2.76 2.66 3.40 3.65 3.86

Competitive Comparison of Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's Receivables Turnover

For the Packaged Foods subindustry, Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public'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.


Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public's Receivables Turnover falls into.



Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Receivables Turnover Calculation

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

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public'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 )
=24.218 / ((2.546 + 2.694) / 2 )
=24.218 / 2.62
=9.24

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public'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 )
=12.58 / ((3.824 + 2.694) / 2 )
=12.58 / 3.259
=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.


Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public  (LTS:0O9W) 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.


Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Receivables Turnover Related Terms

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Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public (LTS:0O9W) Business Description

Traded in Other Exchanges
Address
115 Gregory Afxentiou Avenue, Kokkinotrimithia, Nicosia, CYP, 2660
Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public Ltd is engaged in manufacturing biscuits and snack foods. The company's products include Biscuits Rusks, Cereals, potato chips snacks, Jellies and deserts, Organic Bread, chocolate biscuits, and others.

Alkis h. Hadjikyriakos (Frou Frou Biscuits) Public (LTS:0O9W) Headlines

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