CABGY (Carlsberg AS) Receivables Turnover : 5.57 (As of Dec. 2024)

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What is Carlsberg AS 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. Carlsberg AS's Revenue for the six months ended in Dec. 2024 was $5,084 Mil. Carlsberg AS's average Accounts Receivable for the six months ended in Dec. 2024 was $912 Mil. Hence, Carlsberg AS's Receivables Turnover for the six months ended in Dec. 2024 was 5.57.

Carlsberg AS Receivables Turnover Historical Data

The historical data trend for Carlsberg AS'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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Carlsberg AS Receivables Turnover Chart

Carlsberg AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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13.64

12.70

13.20

15.39

15.37

Carlsberg AS 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															5.71	5.98	5.62	5.96	5.57

Competitive Comparison of Carlsberg AS's Receivables Turnover

For the Beverages - Brewers subindustry, Carlsberg AS'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.

Carlsberg AS's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Carlsberg AS's Receivables Turnover falls into.

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Carlsberg AS Receivables Turnover Calculation

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

Carlsberg AS's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	10532.146	/ (	(711.945	+	658.794)	/	2 )
=	10532.146	/	685.3695
=	15.37

Carlsberg AS'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 )
=	5083.894	/ (	(1165.34	+	658.794)	/	2 )
=	5083.894	/	912.067
=	5.57

Carlsberg AS (OTCPK:CABGY) 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.

Carlsberg AS Receivables Turnover Related Terms

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Carlsberg AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Carlsberg AS (OTCPK:CABGY) » Definitions » Receivables Turnover

Traded in Other Exchanges

CABJF:USA CARLBc:UK 0AI4:UK 0AI3:UK CARL B:Denmark CARL A:Denmark CBGB:Germany CBGA:Germany CBGB:Germany CBGA:Germany CARL:Austria

Address

J.C. Jacobsens Gade 1, Copenhagen, DNK, 1799

Website

https://www.carlsberggroup.com

Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2024 beverage volume was split among Western Europe (34%), Eastern Europe and India (30%), and Asia (36%).