Sligro Food Group NV (STU:8SF) Receivables Turnover : 5.75 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Sligro Food Group NV 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. Sligro Food Group NV's Revenue for the six months ended in Dec. 2023 was €1,456 Mil. Sligro Food Group NV's average Accounts Receivable for the six months ended in Dec. 2023 was €253 Mil. Hence, Sligro Food Group NV's Receivables Turnover for the six months ended in Dec. 2023 was 5.75.

Sligro Food Group NV Receivables Turnover Historical Data

The historical data trend for Sligro Food Group NV'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.

Sligro Food Group NV Receivables Turnover Chart

Sligro Food Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

10.32

11.48

15.69

13.39

11.81

Sligro Food Group NV 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															8.92	6.66	6.04	5.59	5.75

Competitive Comparison of Sligro Food Group NV's Receivables Turnover

For the Food Distribution subindustry, Sligro Food Group NV'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.

Sligro Food Group NV's Receivables Turnover Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Sligro Food Group NV's Receivables Turnover falls into.

Sligro Food Group NV Receivables Turnover Calculation

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

Sligro Food Group NV'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 )
=	2859	/ (	(240	+	244)	/	2 )
=	2859	/	242
=	11.81

Sligro Food Group NV'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 )
=	1456	/ (	(262	+	244)	/	2 )
=	1456	/	253
=	5.75

Sligro Food Group NV (STU:8SF) 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.

Sligro Food Group NV Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sligro Food Group NV's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sligro Food Group NV (STU:8SF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sligro Food Group NV (STU:8SF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SLIGR:Netherlands 0MKM:UK

Address

Corridor 11, Veghel, NB, NLD, 5466 RB

Website

https://www.sligrofoodgroup.nl

Sligro Food Group NV is a Netherlands-based company that is principally engaged in distributing food and beverages. The company provides a combination of food and food-related non-food products and services. It owns a food retail business, which operates through EMTE supermarkets, and a food service business, which operates through a network of cash-and-carry and delivery service outlets that service institutional customers, the hospitality industry, catering companies and other large-volume users in the Netherlands and Belgium The company also owns production facilities for some specialist products. It generates revenue from the food service business and geographically in Netherlands.

Sligro Food Group NV (STU:8SF) Headlines

No Headlines