L'Oreal (CHIX:ORP) Receivables Turnover : 3.84 (As of Jun. 2024)

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What is L'Oreal 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. L'Oreal's Revenue for the six months ended in Jun. 2024 was €22,121 Mil. L'Oreal's average Accounts Receivable for the six months ended in Jun. 2024 was €5,759 Mil. Hence, L'Oreal's Receivables Turnover for the six months ended in Jun. 2024 was 3.84.

L'Oreal Receivables Turnover Historical Data

The historical data trend for L'Oreal'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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L'Oreal Receivables Turnover Chart

L'Oreal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.40

7.37

8.57

8.72

8.36

L'Oreal Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															4.04	4.05	4.02	3.90	3.84

Competitive Comparison of L'Oreal's Receivables Turnover

For the Household & Personal Products subindustry, L'Oreal'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.

L'Oreal's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where L'Oreal's Receivables Turnover falls into.

L'Oreal Receivables Turnover Calculation

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

L'Oreal'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 )
=	41182.5	/ (	(4755.5	+	5092.7)	/	2 )
=	41182.5	/	4924.1
=	8.36

L'Oreal's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	22120.8	/ (	(5092.7	+	6424.4)	/	2 )
=	22120.8	/	5758.55
=	3.84

L'Oreal (CHIX:ORp) 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.

L'Oreal Receivables Turnover Related Terms

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L'Oreal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » L'Oreal SA (CHIX:ORp) » Definitions » Receivables Turnover

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Address

41, Rue Martre, Clichy Cedex, Paris, FRA, 92117

Website

https://www.loreal.com

Founded in 1909, L'Oreal has grown into the largest beauty company in the world, participating in categories including skincare (40% of sales), makeup (20%), haircare (27%), fragrance (9%), and sanitary products (4%). The firm also has a diversified geographic footprint, generating 32% of sales in its home market of Western Europe, 27% from North America, 26% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oreal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancome, Yves Saint Laurent, Maybelline, Kiehl's, L'Oreal Paris, Kerastase, CeraVe, Garnier, and Armani.

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