DSITF (Currys) Receivables Turnover : 5.94 (As of Oct. 2024)

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What is Currys 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. Currys's Revenue for the six months ended in Oct. 2024 was $5,108 Mil. Currys's average Accounts Receivable for the six months ended in Oct. 2024 was $859 Mil. Hence, Currys's Receivables Turnover for the six months ended in Oct. 2024 was 5.94.

Currys Receivables Turnover Historical Data

The historical data trend for Currys'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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Currys Receivables Turnover Chart

Currys Annual Data

Trend

Mar14

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Receivables Turnover

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10.59

15.53

15.32

13.11

13.63

Currys Semi-Annual Data
	Mar14	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Receivables Turnover	Get a 7-Day Free Trial															5.67	6.54	5.67	7.00	5.94

Competitive Comparison of Currys's Receivables Turnover

For the Specialty Retail subindustry, Currys'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.

Currys's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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

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Currys Receivables Turnover Calculation

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

Currys's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Receivables Turnover (A: Apr. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2024 )	/ (	(Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Apr. 2024 ))	/	count )
=	10608.26	/ (	(785.803	+	770.964)	/	2 )
=	10608.26	/	778.3835
=	13.63

Currys's Receivables Turnover for the quarter that ended in Oct. 2024 is calculated as

	Receivables Turnover (Q: Oct. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2024 )	/ (	(Accounts Receivable (Q: Apr. 2024 )	+	Accounts Receivable (Q: Oct. 2024 ))	/	count )
=	5108.214	/ (	(770.964	+	947.849)	/	2 )
=	5108.214	/	859.4065
=	5.94

Currys (OTCPK:DSITF) 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.

Currys Receivables Turnover Related Terms

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Currys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Currys PLC (OTCPK:DSITF) » Definitions » Receivables Turnover

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CURYl:UK CURY:UK

Address

1 Portal Way, London, GBR, W3 6RS

Website

https://www.currysplc.com

Currys PLC is an omnichannel retailer of technology products and services with stores across countries. The company's segment include: UK & Ireland: comprises the operations of Currys, iD Mobile and B2B operations; and Nordics; operates both franchise and own stores in Norway, Sweden, Finland and Denmark with further franchise operations in Iceland, Greenland and the Faroe Islands. UK & Ireland and Nordics are involved in the sale of consumer electronics and mobile technology products and services, through stores or online channels. It derives maximum revenue from UK & Ireland.