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DFI Retail Group Holdings (DFI Retail Group Holdings) Receivables Turnover : 26.37 (As of Dec. 2023)


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What is DFI Retail Group Holdings 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. DFI Retail Group Holdings's Revenue for the six months ended in Dec. 2023 was $4,596 Mil. DFI Retail Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $174 Mil. Hence, DFI Retail Group Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 26.37.


DFI Retail Group Holdings Receivables Turnover Historical Data

The historical data trend for DFI Retail Group Holdings'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.

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DFI Retail Group Holdings Receivables Turnover Chart

DFI Retail Group Holdings 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 36.86 35.11 47.63 104.49 88.56

DFI Retail Group Holdings 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 30.83 31.13 30.25 27.87 26.37

Competitive Comparison of DFI Retail Group Holdings's Receivables Turnover

For the Grocery Stores subindustry, DFI Retail Group Holdings'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.


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

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

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



DFI Retail Group Holdings Receivables Turnover Calculation

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

DFI Retail Group Holdings'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 )
=9169.9 / ((93.4 + 113.7) / 2 )
=9169.9 / 103.55
=88.56

DFI Retail Group Holdings'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 )
=4595.6 / ((234.9 + 113.7) / 2 )
=4595.6 / 174.3
=26.37

* 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.


DFI Retail Group Holdings  (OTCPK:DFIHY) 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.


DFI Retail Group Holdings Receivables Turnover Related Terms

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DFI Retail Group Holdings (DFI Retail Group Holdings) Business Description

Traded in Other Exchanges
Address
979 King’s Road, Quarry Bay, 11th Floor, P.O. Box 286, G.P.O, Devon House, Taikoo Place, Hong Kong, HKG
DFI Retail Group Holdings Ltd is an Asian retailer that operates in five segments: Food, Health and Beauty, Home Furnishings, Restaurants, and Other Retailing. Food comprises grocery retail and convenience store businesses (including Yonghui, a grocery retailer in the Chinese mainland). Health and Beauty comprise the health and beauty businesses, Home Furnishings is the Group's IKEA business, Restaurants is the Group's associate Maxim's, a food and beverage company, and Other Retailing represents the department stores, specialty, and Do-It-Yourself (DIY) stores of the Group's Philippines associate, Robinsons Retail.