Carrefour (Carrefour) Receivables Turnover : 13.13 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Carrefour 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. Carrefour's Revenue for the six months ended in Dec. 2023 was $47,241 Mil. Carrefour's average Accounts Receivable for the six months ended in Dec. 2023 was $3,597 Mil. Hence, Carrefour's Receivables Turnover for the six months ended in Dec. 2023 was 13.13.

Carrefour Receivables Turnover Historical Data

The historical data trend for Carrefour'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.

Carrefour Receivables Turnover Chart

Carrefour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

28.16

29.07

27.08

27.32

26.11

Carrefour 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															13.43	12.52	13.24	12.59	13.13

Competitive Comparison of Carrefour's Receivables Turnover

For the Grocery Stores subindustry, Carrefour'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.

Carrefour's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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

Carrefour Receivables Turnover Calculation

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

Carrefour'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 )
=	92595.42	/ (	(3527.542	+	3564.885)	/	2 )
=	92595.42	/	3546.2135
=	26.11

Carrefour'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 )
=	47241.003	/ (	(3628.386	+	3564.885)	/	2 )
=	47241.003	/	3596.6355
=	13.13

Carrefour (OTCPK:CRRFY) 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.

Carrefour Receivables Turnover Related Terms

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

Carrefour (Carrefour) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carrefour (OTCPK:CRRFY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CRERF:USA CA:Mexico CAp:UK 0NPH:UK CA:France CAR:Germany CARR:Austria

Address

93 Avenue de Paris, Massy Cedex, Paris, FRA, 91300

Website

https://www.carrefour.com

Carrefour is a multiformat retailer with operations in more than 30 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 340,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 73% of sales are generated in Europe, and the rest in Latin America (27%).

Carrefour (Carrefour) Headlines

From GuruFocus

Carrefour Stock Gives Every Indication Of Being Modestly Overvalued

By GF Value GF Value • 05-04-2021

Causeway International Value Fund Buys 2 Stocks in 2nd Quarter

By Sydnee Gatewood Sydnee Gatewood • 09-03-2019