Village Farms International (FRA:02V) Receivables Turnover : 2.54 (As of Dec. 2024)

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What is Village Farms International 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. Village Farms International's Revenue for the three months ended in Dec. 2024 was €78.8 Mil. Village Farms International's average Accounts Receivable for the three months ended in Dec. 2024 was €31.0 Mil. Hence, Village Farms International's Receivables Turnover for the three months ended in Dec. 2024 was 2.54.

Village Farms International Receivables Turnover Historical Data

The historical data trend for Village Farms International'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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Village Farms International Receivables Turnover Chart

Village Farms International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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10.29

9.58

9.82

9.69

10.67

Village Farms International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.49	2.25	2.35	2.24	2.54

Competitive Comparison of Village Farms International's Receivables Turnover

For the Farm Products subindustry, Village Farms International'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.

Village Farms International's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Village Farms International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Village Farms International's Receivables Turnover falls into.

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Village Farms International Receivables Turnover Calculation

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

Village Farms International's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	321.053	/ (	(28.024	+	32.15)	/	2 )
=	321.053	/	30.087
=	10.67

Village Farms International's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	78.839	/ (	(29.9	+	32.15)	/	2 )
=	78.839	/	31.025
=	2.54

Village Farms International (FRA:02V) 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.

Village Farms International Receivables Turnover Related Terms

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Village Farms International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Village Farms International Inc (FRA:02V) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

VFF:USA 02V:Germany

Address

90 Colonial Parkway, Lake Mary, FL, USA, 32746

Website

https://www.villagefarms.com

Village Farms International Inc owns and operates intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells tomatoes, bell peppers and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to other licensed providers and provincial governments across Canada and internationally. The Company's wholly owned subsidiary, Balanced Health, develops and sells, cannabidiol (CBD) based products including ingestible, edible and topical applications. The operating segments of the Company are VF Fresh (Produce), Cannabis Canada, Cannabis U.S., Clean Energy, and Leli . The company makes majority of its revenue from the Produce segment.

Village Farms International Headlines

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