Brunello Cucinelli SpA (Brunello Cucinelli SpA) Receivables Turnover : 7.79 (As of Dec. 2023)

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What is Brunello Cucinelli SpA 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. Brunello Cucinelli SpA's Revenue for the six months ended in Dec. 2023 was $649 Mil. Brunello Cucinelli SpA's average Accounts Receivable for the six months ended in Dec. 2023 was $83 Mil. Hence, Brunello Cucinelli SpA's Receivables Turnover for the six months ended in Dec. 2023 was 7.79.

Brunello Cucinelli SpA Receivables Turnover Historical Data

The historical data trend for Brunello Cucinelli SpA'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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Brunello Cucinelli SpA Receivables Turnover Chart

Brunello Cucinelli SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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10.00

8.22

9.03

11.92

14.93

Brunello Cucinelli SpA 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															5.19	5.43	6.65	7.25	7.79

Competitive Comparison of Brunello Cucinelli SpA's Receivables Turnover

For the Luxury Goods subindustry, Brunello Cucinelli SpA'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.

Brunello Cucinelli SpA's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Brunello Cucinelli SpA's Receivables Turnover falls into.

Brunello Cucinelli SpA Receivables Turnover Calculation

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

Brunello Cucinelli SpA'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 )
=	1242.552	/ (	(81.153	+	85.245)	/	2 )
=	1242.552	/	83.199
=	14.93

Brunello Cucinelli SpA'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 )
=	649.376	/ (	(81.468	+	85.245)	/	2 )
=	649.376	/	83.3565
=	7.79

Brunello Cucinelli SpA (OTCPK:BCUCY) 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.

Brunello Cucinelli SpA Receivables Turnover Related Terms

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Brunello Cucinelli SpA (Brunello Cucinelli SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Brunello Cucinelli SpA (OTCPK:BCUCY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BCUCF:USA BC:Italy BCm:UK 0Q7S:UK 8BU:Germany

Address

Viale Parco dell’Industria, 5, Frazione Solomeo, Corciano, Perugia, ITA, 06073

Website

https://www.brunellocucinelli.com

Brunello Cucinelli SpA is a luxury apparel brand that emphasizes soft cashmere knitwear. It sells primarily women's clothing, shoes, and accessories. Brunello Cucinelli's products are made in Italy and sold throughout the world, with most revenue coming from Europe, particularly Italy, and North America. The company sells its products directly to consumers through its company-operated retail stores, and it wholesales its products to other retailers, with roughly an equal amount of revenue coming from each channel.