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Fourlis Holdings (ATH:FOYRK) Receivables Turnover : 58.15 (As of Jun. 2024)


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What is Fourlis 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. Fourlis Holdings's Revenue for the six months ended in Jun. 2024 was €257.0 Mil. Fourlis Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was €4.4 Mil. Hence, Fourlis Holdings's Receivables Turnover for the six months ended in Jun. 2024 was 58.15.


Fourlis Holdings Receivables Turnover Historical Data

The historical data trend for Fourlis 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.

* Premium members only.

Fourlis Holdings Receivables Turnover Chart

Fourlis 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 167.11 104.77 111.09 122.44 119.07

Fourlis Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 53.70 69.22 62.71 69.97 58.15

Competitive Comparison of Fourlis Holdings's Receivables Turnover

For the Specialty Retail subindustry, Fourlis 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.


Fourlis Holdings's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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


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Fourlis Holdings Receivables Turnover Calculation

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

Fourlis 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 )
=535.112 / ((4.307 + 4.681) / 2 )
=535.112 / 4.494
=119.07

Fourlis Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=257.002 / ((4.681 + 4.159) / 2 )
=257.002 / 4.42
=58.15

* 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.


Fourlis Holdings  (ATH:FOYRK) 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.


Fourlis Holdings Receivables Turnover Related Terms

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Fourlis Holdings Business Description

Traded in Other Exchanges
Address
18-20 Sorou street, Building A, Maroussi, GRC, 15125
Fourlis Holdings SA is engaged in providing quality consumer durable goods. Its commercial activity is expanding in the market of Greece, Cyprus, Bulgaria, Turkey, and Romania. The company operates its business through two segments which include the Retail trading of home furniture and household goods segment under the franchise of IKEA stores and the Retail trading of sporting goods segment through the franchise of INTERSPORT and TAF stores.

Fourlis Holdings Headlines

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