CZOOF (Cazoo Group) Receivables Turnover: 9.81 (As of Jun. 2023)


What is Cazoo Group Receivables Turnover?

Cazoo Group CZOOF -99.00% Receivables Turnover is 9.81 as of Jun. 2023.

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. Cazoo Group's Revenue for the six months ended in Jun. 2023 was $528 Mil. Cazoo Group's average Accounts Receivable for the six months ended in Jun. 2023 was $54 Mil. Hence, Cazoo Group's Receivables Turnover for the six months ended in Jun. 2023 was 9.81.

Cazoo Group  (OTCPK:CZOOF) 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.

Cazoo Group Receivables Turnover Related Terms

Cazoo Group Receivables Turnover Historical Data

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The historical data trend for Cazoo 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.

Cazoo Group Receivables Turnover Chart

Cazoo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
0.09 7.67 12.19 17.67

Cazoo Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial 7.42 6.86 6.11 8.10 9.81

CZOOF vs CTNT, JZXN, SFTGQ: Receivables Turnover Comparison

For the Auto & Truck Dealerships subindustry, Cazoo 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.

Cazoo Group Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cazoo Group's Receivables Turnover distribution charts can be found below:

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


Cazoo Group Receivables Turnover Calculation

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

Cazoo Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1520.817 / ((103.569 + 68.525) / 2 )
=1520.817 / 86.047
=17.67

Cazoo Group's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=528.487 / ((68.525 + 39.229) / 2 )
=528.487 / 53.877
=9.81

* 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 9.81 mean?
Cazoo Group (CZOOF) has a Receivables Turnover of 9.81 as of Jun. 2023. 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 Cazoo Group and its competitors.
Is Cazoo Group's Receivables Turnover too high?
Cazoo Group's current Receivables Turnover is 9.81. The Vehicles & Parts industry median Receivables Turnover is 5.99. Cazoo Group's value of 9.81 is 63.8% above this industry median.
How does Cazoo Group's Receivables Turnover compare to CTNT and JZXN?
Cazoo Group's Receivables Turnover of 9.81 can be compared against companies in the Vehicles & Parts industry. The industry median Receivables Turnover is 5.99. Cazoo Group's value of 9.81 is 63.8% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Cazoo Group's current Receivables Turnover of 9.81 is 63.8% 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 Cazoo Group and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cazoo Group's current Receivables Turnover is 9.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cazoo Group stock overvalued right now?
Cazoo Group (CZOOF) has a current Receivables Turnover of 9.81. The current Receivables Turnover is 9.81 and 63.8% above the Vehicles & Parts industry median of 5.99. 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 Cazoo Group (CZOOF), the current Receivables Turnover is 9.81 as of Jun. 2023. 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.

Cazoo Group Business Description

Address 41 Chalton Street, London, GBR, NW1 1JD
Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.