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Carr's Group (CHIX:CARRL) Receivables Turnover : 4.61 (As of Feb. 2025)


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What is Carr's Group 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. Carr's Group's Revenue for the six months ended in Feb. 2025 was £50.58 Mil. Carr's Group's average Accounts Receivable for the six months ended in Feb. 2025 was £10.98 Mil. Hence, Carr's Group's Receivables Turnover for the six months ended in Feb. 2025 was 4.61.


Carr's Group Receivables Turnover Historical Data

The historical data trend for Carr's Group'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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Carr's Group Receivables Turnover Chart

Carr's Group Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 2.23 3.20 4.23 6.56

Carr's Group Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 3.25 0.09 2.29 1.89 4.61

Competitive Comparison of Carr's Group's Receivables Turnover

For the Packaged Foods subindustry, Carr's Group'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.


Carr's Group's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Carr's Group's Receivables Turnover falls into.


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Carr's Group Receivables Turnover Calculation

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

Carr's Group's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=75.701 / ((17.095 + 5.993) / 2 )
=75.701 / 11.544
=6.56

Carr's Group's Receivables Turnover for the quarter that ended in Feb. 2025 is calculated as

Receivables Turnover (Q: Feb. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2025 ) / ((Accounts Receivable (Q: Aug. 2024 ) + Accounts Receivable (Q: Feb. 2025 )) / count )
=50.581 / ((5.993 + 15.964) / 2 )
=50.581 / 10.9785
=4.61

* 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.


Carr's Group  (CHIX:CARRl) 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.


Carr's Group Receivables Turnover Related Terms

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Carr's Group Business Description

Traded in Other Exchanges
Address
Warwick Bridge, Warwick Mill Business Centre, Carlisle, Cumbria, GBR, CA4 8RR
Carr's Group PLC is a British farm supplies company. It manufactures and supplies feed blocks, minerals, and boluses containing trace elements and minerals for livestock. The company offers its products through brands like Horslyx, Animax, Crystalyx, New Generation Supplements, and Scotmin Nutrition. Its only reportable operating segment is Agriculture which derives its revenue from the sale of animal feed blocks and animal health products. Geographically, the company generates maximum revenue from the United States of America followed by the United Kingdom, the Republic of Ireland, and New Zealand.

Carr's Group Headlines

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