CNVAF (Cnova NV) Receivables Turnover: 7.24 (As of Dec. 2024)

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CNVAF Cnova NV CNVAF
16 GF Score
Price $0.11
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What is Cnova NV Receivables Turnover?

Cnova NV CNVAF 16 Receivables Turnover is 7.24 as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

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. Cnova NV's Revenue for the six months ended in Dec. 2024 was $595 Mil. Cnova NV's average Accounts Receivable for the six months ended in Dec. 2024 was $82 Mil. Hence, Cnova NV's Receivables Turnover for the six months ended in Dec. 2024 was 7.24.


Cnova NV  (OTCPK:CNVAF) 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.


Cnova NV Receivables Turnover Related Terms


Cnova NV Receivables Turnover Historical Data

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The historical data trend for Cnova NV'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.

Cnova NV Receivables Turnover Chart

Cnova NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.05 13.07 13.55 13.81 11.83

Cnova NV 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 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 8.54 8.28 7.96 5.56 7.24

CNVAF vs AMZN, BABA, PDD: Receivables Turnover Comparison

For the Internet Retail subindustry, Cnova NV'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.


Cnova NV Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cnova NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cnova NV's Receivables Turnover falls into.


CNVAF
16GF Score
Cnova NV CNVAF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cnova NV Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1088.062 / ((101.056 + 82.934) / 2 )
=1088.062 / 91.995
=11.83

Cnova NV's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=594.873 / ((81.412 + 82.934) / 2 )
=594.873 / 82.173
=7.24

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 7.24 mean?
Cnova NV (CNVAF) has a Receivables Turnover of 7.24 as of Dec. 2024. The accounts 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. View historical data on Cnova NV and its competitors.
Is Cnova NV's Receivables Turnover too high?
Cnova NV's current Receivables Turnover is 7.24. The Retail - Cyclical industry median Receivables Turnover is 19.44. Cnova NV's value of 7.24 is 62.8% below this industry median. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Receivables Turnover compare to AMZN and BABA?
Cnova NV's Receivables Turnover of 7.24 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.44. Cnova NV's value of 7.24 is 62.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.44, based on 1,100 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cnova NV's current Receivables Turnover of 7.24 is 62.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Cnova NV and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cnova NV's current Receivables Turnover is 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Receivables Turnover of 7.24. The current Receivables Turnover is 7.24 and 62.8% below the Retail - Cyclical industry median of 19.44. Cnova NV's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Cnova NV (CNVAF), the current Receivables Turnover is 7.24 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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