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Seche Environnement (Seche Environnement) Receivables Turnover : 1.94 (As of Jun. 2023)


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What is Seche Environnement 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. Seche Environnement's Revenue for the six months ended in Jun. 2023 was $574 Mil. Seche Environnement's average Accounts Receivable for the six months ended in Jun. 2023 was $297 Mil. Hence, Seche Environnement's Receivables Turnover for the six months ended in Jun. 2023 was 1.94.


Seche Environnement Receivables Turnover Historical Data

The historical data trend for Seche Environnement'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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Seche Environnement Receivables Turnover Chart

Seche Environnement 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 4.14 4.02 4.27 4.38 -

Seche Environnement 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 2.01 2.13 2.11 1.94 -

Competitive Comparison of Seche Environnement's Receivables Turnover

For the Waste Management subindustry, Seche Environnement'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.


Seche Environnement's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Seche Environnement's Receivables Turnover distribution charts can be found below:

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



Seche Environnement Receivables Turnover Calculation

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

Seche Environnement's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1030.377 / ((210.209 + 260.304) / 2 )
=1030.377 / 235.2565
=4.38

Seche Environnement's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=574.363 / ((260.304 + 332.913) / 2 )
=574.363 / 296.6085
=1.94

* 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.


Seche Environnement  (OTCPK:SECVY) 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.


Seche Environnement Receivables Turnover Related Terms

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Seche Environnement (Seche Environnement) Business Description

Traded in Other Exchanges
Address
Les Hetres, CS 20020, Change, FRA, 53811
Seche Environnement SA is a France-based company that offers waste management services. It accepts and treats various categories of waste, such as dispersed hazardous and non-hazardous, medical waste, and waste from electronic equipment. Geographically, the company operates in France, Europe, and Rest of the world..

Seche Environnement (Seche Environnement) Headlines