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Lvmh Moet Hennessy Louis Vuitton SE (BKK:LVMH01) Receivables Turnover : 9.25 (As of Jun. 2024)


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What is Lvmh Moet Hennessy Louis Vuitton SE 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. Lvmh Moet Hennessy Louis Vuitton SE's Revenue for the six months ended in Jun. 2024 was ฿1,646,870 Mil. Lvmh Moet Hennessy Louis Vuitton SE's average Accounts Receivable for the six months ended in Jun. 2024 was ฿178,062 Mil. Hence, Lvmh Moet Hennessy Louis Vuitton SE's Receivables Turnover for the six months ended in Jun. 2024 was 9.25.


Lvmh Moet Hennessy Louis Vuitton SE Receivables Turnover Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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.

Lvmh Moet Hennessy Louis Vuitton SE Receivables Turnover Chart

Lvmh Moet Hennessy Louis Vuitton SE 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 15.28 15.09 19.92 19.41 19.49

Lvmh Moet Hennessy Louis Vuitton SE 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 9.22 10.17 10.15 9.91 9.25

Competitive Comparison of Lvmh Moet Hennessy Louis Vuitton SE's Receivables Turnover

For the Luxury Goods subindustry, Lvmh Moet Hennessy Louis Vuitton SE'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.


Lvmh Moet Hennessy Louis Vuitton SE's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lvmh Moet Hennessy Louis Vuitton SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lvmh Moet Hennessy Louis Vuitton SE's Receivables Turnover falls into.



Lvmh Moet Hennessy Louis Vuitton SE Receivables Turnover Calculation

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

Lvmh Moet Hennessy Louis Vuitton SE'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 )
=3286497.375 / ((156824.756 + 180360.052) / 2 )
=3286497.375 / 168592.404
=19.49

Lvmh Moet Hennessy Louis Vuitton SE'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 )
=1646869.571 / ((180360.052 + 175763.031) / 2 )
=1646869.571 / 178061.5415
=9.25

* 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.


Lvmh Moet Hennessy Louis Vuitton SE  (BKK:LVMH01) 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.


Lvmh Moet Hennessy Louis Vuitton SE Receivables Turnover Related Terms

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Lvmh Moet Hennessy Louis Vuitton SE Business Description

Address
22, Avenue Montaigne, Paris, FRA, 75008
LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.

Lvmh Moet Hennessy Louis Vuitton SE Headlines

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