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Unilever NV (Unilever NV) Receivables Turnover : 4.36 (As of Jun. 2020)


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What is Unilever 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. Unilever NV's Revenue for the six months ended in Jun. 2020 was $28,957 Mil. Unilever NV's average Accounts Receivable for the six months ended in Jun. 2020 was $6,647 Mil. Hence, Unilever NV's Receivables Turnover for the six months ended in Jun. 2020 was 4.36.


Unilever NV Receivables Turnover Historical Data

The historical data trend for Unilever 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.

Unilever NV Receivables Turnover Chart

Unilever NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.38 16.63 13.12 10.43 11.10

Unilever NV Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 4.35 4.34 4.19 3.94 4.36

Competitive Comparison of Unilever NV's Receivables Turnover

For the Household & Personal Products subindustry, Unilever 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.


Unilever NV's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Unilever NV's Receivables Turnover falls into.



Unilever NV Receivables Turnover Calculation

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

Unilever NV's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=57755.556 / ((4948.805 + 5462.222) / 2 )
=57755.556 / 5205.5135
=11.10

Unilever NV's Receivables Turnover for the quarter that ended in Jun. 2020 is calculated as

Receivables Turnover (Q: Jun. 2020 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2020 ) / ((Accounts Receivable (Q: Dec. 2019 ) + Accounts Receivable (Q: Jun. 2020 )) / count )
=28957.207 / ((5462.222 + 7832.207) / 2 )
=28957.207 / 6647.2145
=4.36

* 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.


Unilever NV  (OTCPK:UNLNF) 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.


Unilever NV Receivables Turnover Related Terms

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Unilever NV (Unilever NV) Business Description

Traded in Other Exchanges
N/A
Address
Weena 455, Rotterdam, NLD, 3000
Netherlands-based Unilever NV and U.K.-based Unilever PLC operate Unilever Group, a diversified household and personal product (60% of 2018 sales by value) and packaged-food and refreshments (40%) company. The firm's brands include Knorr soups and sauces, Hellmann's mayonnaise, Lipton teas, Axe and Dove skin products, and the TRESemme hair-care brand. The firm has been acquisitive in recent years, and high-profile purchases include the mail-order men's grooming business Dollar Shave Club.