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Kingfisher (Kingfisher) Receivables Turnover : 24.87 (As of Jan. 2024)


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What is Kingfisher 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. Kingfisher's Revenue for the six months ended in Jan. 2024 was $7,751 Mil. Kingfisher's average Accounts Receivable for the six months ended in Jan. 2024 was $312 Mil. Hence, Kingfisher's Receivables Turnover for the six months ended in Jan. 2024 was 24.87.


Kingfisher Receivables Turnover Historical Data

The historical data trend for Kingfisher'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.

Kingfisher Receivables Turnover Chart

Kingfisher Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.44 208.71 219.02 172.00 152.68

Kingfisher Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 31.42 31.21 28.57 29.28 24.87

Competitive Comparison of Kingfisher's Receivables Turnover

For the Home Improvement Retail subindustry, Kingfisher'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.


Kingfisher's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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



Kingfisher Receivables Turnover Calculation

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

Kingfisher's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=16493.011 / ((99.143 + 116.9) / 2 )
=16493.011 / 108.0215
=152.68

Kingfisher's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Jul. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=7750.953 / ((506.443 + 116.9) / 2 )
=7750.953 / 311.6715
=24.87

* 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.


Kingfisher  (OTCPK:KGFHY) 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.


Kingfisher Receivables Turnover Related Terms

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Kingfisher (Kingfisher) Business Description

Traded in Other Exchanges
Address
1 Paddington Square, London, GBR, W2 1GG
Kingfisher is a home improvement company with over 1,570 stores in eight countries across Europe. The company operates several retail banners that are focused on trade customers and general do-it-yourself needs. Kingfisher's main retail brands include B&Q, Screwfix, and TradePoint in the United Kingdom and Castorama and Brico Depot in France. The U.K. and France are Kingfisher's largest markets, accounting for 81% of sales. The company is the second-largest DIY retailer in Europe, with a leading position in the U.K. and a number-two position in France.

Kingfisher (Kingfisher) Headlines

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