Juhayna Food Industries (CAI:JUFO) Receivables Turnover : 7.11 (As of Mar. 2024)

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What is Juhayna Food Industries 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. Juhayna Food Industries's Revenue for the three months ended in Mar. 2024 was E£5,758 Mil. Juhayna Food Industries's average Accounts Receivable for the three months ended in Mar. 2024 was E£810 Mil. Hence, Juhayna Food Industries's Receivables Turnover for the three months ended in Mar. 2024 was 7.11.

Juhayna Food Industries Receivables Turnover Historical Data

The historical data trend for Juhayna Food Industries'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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Juhayna Food Industries Receivables Turnover Chart

Juhayna Food Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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40.15

37.64

39.28

35.02

37.63

Juhayna Food Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															7.17	6.56	8.26	9.35	7.11

Competitive Comparison of Juhayna Food Industries's Receivables Turnover

For the Packaged Foods subindustry, Juhayna Food Industries'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.

Juhayna Food Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Juhayna Food Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Juhayna Food Industries's Receivables Turnover falls into.

Juhayna Food Industries Receivables Turnover Calculation

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

Juhayna Food Industries'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 )
=	16128.102	/ (	(403.553	+	453.589)	/	2 )
=	16128.102	/	428.571
=	37.63

Juhayna Food Industries's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	5758.302	/ (	(453.589	+	1166.776)	/	2 )
=	5758.302	/	810.1825
=	7.11

Juhayna Food Industries (CAI:JUFO) 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.

Juhayna Food Industries Receivables Turnover Related Terms

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Juhayna Food Industries (CAI:JUFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Juhayna Food Industries (CAI:JUFO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Polygon Sodic West, Building Number 2, Sheikh Zayed, Giza, EGY

Website

https://www.juhayna.com

Juhayna Food Industries is an Egypt-based company that produces, processes, and packages dairy, juice, and cooling products. Its core segments include dairy, cooling, juices, concentrates, and agriculture. Its Dairy segment produces a variety of milk products, ranging from plain and flavored milk to specialty products for manufacturers through which it derives the majority of its revenues. The Cooling segment produces cooled dairy products. The Juice segment produces healthy premium juices and juice beverages. The Concentrates segment produces concentrates used in its own juice manufacturing operation. Its agricultural activities are centered around livestock, land reclamation, and produce farming.

Juhayna Food Industries (CAI:JUFO) Headlines

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