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

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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															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

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carr's Group PLC (CHIX:CARRl) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CARR.GB:UK CARR:UK

Address

Warwick Bridge, Warwick Mill Business Centre, Carlisle, Cumbria, GBR, CA4 8RR

Website

https://www.carrsgroup.com

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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