Ermes Department Stores (CYS:ERME) Receivables Turnover: 26.46 (As of Jun. 2025)

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What is Ermes Department Stores Receivables Turnover?

Ermes Department Stores CYS:ERME Receivables Turnover is 26.46 as of Jun. 2025. The stock has 4 warning signs investors should review. Among 1,107 Retail - Cyclical companies, Ermes Department Stores ranks better than 87.99% on this metric.

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. Ermes Department Stores's Revenue for the six months ended in Jun. 2025 was €5.88 Mil. Ermes Department Stores's average Accounts Receivable for the six months ended in Jun. 2025 was €0.22 Mil. Hence, Ermes Department Stores's Receivables Turnover for the six months ended in Jun. 2025 was 26.46.


Ermes Department Stores  (CYS:ERME) 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.


Ermes Department Stores Receivables Turnover Related Terms


Ermes Department Stores Receivables Turnover Historical Data

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The historical data trend for Ermes Department Stores'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.

Ermes Department Stores Receivables Turnover Chart

Ermes Department Stores 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 97.92 156.52 190.15 79.45 100.52

Ermes Department Stores Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 98.20 0.00 13.39 78.61 26.46

CYS:ERME vs DDS, M: Receivables Turnover Comparison

For the Department Stores subindustry, Ermes Department Stores'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.


Ermes Department Stores Receivables Turnover vs Retail - Cyclical Industry

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

* The bar in red indicates where Ermes Department Stores's Receivables Turnover falls into.



Ermes Department Stores Receivables Turnover Calculation

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

Ermes Department Stores'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 )
=43.225 / ((0.549 + 0.311) / 2 )
=43.225 / 0.43
=100.52

Ermes Department Stores's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=5.875 / ((0.311 + 0.133) / 2 )
=5.875 / 0.222
=26.46

* 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 26.46 mean?
Ermes Department Stores (CYS:ERME) has a Receivables Turnover of 26.46 as of Jun. 2025. 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 Ermes Department Stores and its competitors. According to the industry distribution chart, Ermes Department Stores ranks #133 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 12%.
Is Ermes Department Stores' Receivables Turnover too high?
Ermes Department Stores' current Receivables Turnover is 26.46. The Retail - Cyclical industry median Receivables Turnover is 19.50. Ermes Department Stores' value of 26.46 is 35.7% above this industry median. Based on the distribution chart, Ermes Department Stores ranks #133 out of 1107 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does Ermes Department Stores' Receivables Turnover compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Ermes Department Stores ranks #133 out of 1107 companies for Receivables Turnover. This places Ermes Department Stores in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 19.50. Ermes Department Stores' value of 26.46 is 35.7% above 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 19.50, based on 1,107 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. Ermes Department Stores's current Receivables Turnover of 26.46 is 35.7% above 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 Ermes Department Stores and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermes Department Stores's current Receivables Turnover is 26.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermes Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Ermes Department Stores (CYS:ERME) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 55% above its estimated fair value. The current Receivables Turnover is 26.46 and 35.7% above the Retail - Cyclical industry median of 19.50. 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 Ermes Department Stores (CYS:ERME), the current Receivables Turnover is 26.46 as of Jun. 2025. 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.

Ermes Department Stores Business Description

Address Mansion, Old Nicosia - Limassol Road, Shacolas, Athalassa, Nicosia, CYP, 1584
Ermes Department Stores PLC is engaged in operation of department stores. It sells fashion, cosmetics, toys, home goods and other goods and services for all ages and the family.