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Choppies Enterprises (BOT:CHOPPIES) Receivables Turnover : 25.70 (As of Dec. 2024)


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What is Choppies Enterprises 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. Choppies Enterprises's Revenue for the six months ended in Dec. 2024 was BWP4,677 Mil. Choppies Enterprises's average Accounts Receivable for the six months ended in Dec. 2024 was BWP182 Mil. Hence, Choppies Enterprises's Receivables Turnover for the six months ended in Dec. 2024 was 25.70.


Choppies Enterprises Receivables Turnover Historical Data

The historical data trend for Choppies Enterprises'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.

Choppies Enterprises Receivables Turnover Chart

Choppies Enterprises Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,230.00 151.24 172.63 1,169.64 706.42

Choppies Enterprises Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 68.84 56.74 33.37 36.89 25.70

Competitive Comparison of Choppies Enterprises's Receivables Turnover

For the Grocery Stores subindustry, Choppies Enterprises'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.


Choppies Enterprises's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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


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Choppies Enterprises Receivables Turnover Calculation

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

Choppies Enterprises's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=8477 / ((6 + 18) / 2 )
=8477 / 12
=706.42

Choppies Enterprises's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=4677 / ((18 + 346) / 2 )
=4677 / 182
=25.70

* 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.


Choppies Enterprises  (BOT:CHOPPIES) 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.


Choppies Enterprises Receivables Turnover Related Terms

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Choppies Enterprises Business Description

Traded in Other Exchanges
Address
Plot 169, Gaborone International Commerce Park, Gaborone, BWA, 00278
Choppies Enterprises Ltd operates a supermarket chain store in Botswana. The company's supermarket store offers international food brands, fast-moving consumer goods products, and Choppies' private brand products. Its product offerings include groceries, fresh fruit and vegetables, bakery, butchery, takeaways, and value added/ financial services. The company segments consist of Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso and Namibia. Majority of the revenue is derived from Botswana.

Choppies Enterprises Headlines

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