Spinneys 1961 Holding (DFM:SPINNEYS) Receivables Turnover: 19.15 (As of Mar. 2026)

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DFM:SPINNEYS Spinneys 1961 Holding plc DFM:SPINNEYS
32 GF Score
Price د.إ1.28
! 1 Warning Sign
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What is Spinneys 1961 Holding Receivables Turnover?

Spinneys 1961 Holding DFM:SPINNEYS +0.79% 32 Receivables Turnover is 19.15 as of Mar. 2026. GuruFocus rates DFM:SPINNEYS with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 302 Retail - Defensive companies, Spinneys 1961 Holding ranks better than 80.46% 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. Spinneys 1961 Holding's Revenue for the three months ended in Mar. 2026 was د.إ1,014 Mil. Spinneys 1961 Holding's average Accounts Receivable for the three months ended in Mar. 2026 was د.إ53 Mil. Hence, Spinneys 1961 Holding's Receivables Turnover for the three months ended in Mar. 2026 was 19.15.


Spinneys 1961 Holding  (DFM:SPINNEYS) 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.


Spinneys 1961 Holding Receivables Turnover Related Terms


Spinneys 1961 Holding Receivables Turnover Historical Data

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The historical data trend for Spinneys 1961 Holding'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.

Spinneys 1961 Holding Receivables Turnover Chart

Spinneys 1961 Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
92.51 112.34 109.61 97.92 93.28

Spinneys 1961 Holding Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.41 14.07 10.01 16.60 19.15

DFM:SPINNEYS vs KR, SFM: Receivables Turnover Comparison

For the Grocery Stores subindustry, Spinneys 1961 Holding'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.


Spinneys 1961 Holding Receivables Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Spinneys 1961 Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Spinneys 1961 Holding's Receivables Turnover falls into.


DFM:SPINNEYS
32GF Score
Spinneys 1961 Holding plc DFM:SPINNEYS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Spinneys 1961 Holding Receivables Turnover Calculation

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

Spinneys 1961 Holding's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=3646.759 / ((33.052 + 45.134) / 2 )
=3646.759 / 39.093
=93.28

Spinneys 1961 Holding's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1014.191 / ((45.134 + 60.812) / 2 )
=1014.191 / 52.973
=19.15

* 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 19.15 mean?
Spinneys 1961 Holding (DFM:SPINNEYS) has a Receivables Turnover of 19.15 as of Mar. 2026. 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 Spinneys 1961 Holding and its competitors. According to the industry distribution chart, Spinneys 1961 Holding ranks #59 out of 302 companies in the Retail - Defensive industry, placing it in the top 19.5%.
Is Spinneys 1961 Holding's Receivables Turnover too high?
Spinneys 1961 Holding's current Receivables Turnover is 19.15. The Retail - Defensive industry median Receivables Turnover is 16.97. Spinneys 1961 Holding's value of 19.15 is 12.8% above this industry median. Based on the distribution chart, Spinneys 1961 Holding ranks #59 out of 302 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Spinneys 1961 Holding has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Spinneys 1961 Holding's Receivables Turnover compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Spinneys 1961 Holding ranks #59 out of 302 companies for Receivables Turnover. This places Spinneys 1961 Holding in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 16.97. Spinneys 1961 Holding's value of 19.15 is 12.8% 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 Retail - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 16.97, based on 302 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. Spinneys 1961 Holding's current Receivables Turnover of 19.15 is 12.8% 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 Spinneys 1961 Holding and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 16.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spinneys 1961 Holding's current Receivables Turnover is 19.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spinneys 1961 Holding stock overvalued right now?
Spinneys 1961 Holding (DFM:SPINNEYS) has a current Receivables Turnover of 19.15. The current Receivables Turnover is 19.15 and 12.8% above the Retail - Defensive industry median of 16.97. Spinneys 1961 Holding's overall GF Score™ is 32/100 with 1 warning sign to review. 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 Spinneys 1961 Holding (DFM:SPINNEYS), the current Receivables Turnover is 19.15 as of Mar. 2026. 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.

Spinneys 1961 Holding Business Description

Address Nad Al Sheba First, 1st Floor, Meydan, ARE
Spinneys 1961 Holding plc is engaged in the operation of supermarkets in United Arab Emirates, Sultanate of Oman and Saudi Arabia. Its product categories include Baby & Toddler, Flower Shop, Bakery, Beauty & Cosmetics, Beverages, Butchery, Dairy, Deli & Chilled Foods, Food Cupboard, Fruit & Vegetables, Petcare, Seafood, Toiletries & Health, Frozen, Home & Leisure, and Household. It has two main reportable segments: United Arab Emirates (UAE) and Sultanate of Oman (Oman); and Others include Saudi Arabia and sourcing offices (United Kingdom, United States of America and Australia), with the majority of the revenue deriving from UAE.
32GF Score

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

د.إ1.28
Price