Samsonite International (FRA:1SO) Receivables Turnover : 2.63 (As of Jun. 2024)

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What is Samsonite 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. Samsonite International's Revenue for the three months ended in Jun. 2024 was €844 Mil. Samsonite International's average Accounts Receivable for the three months ended in Jun. 2024 was €322 Mil. Hence, Samsonite International's Receivables Turnover for the three months ended in Jun. 2024 was 2.63.

Samsonite International Receivables Turnover Historical Data

The historical data trend for Samsonite 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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Samsonite International Receivables Turnover Chart

Samsonite International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.46

5.62

12.70

12.33

12.40

Samsonite International Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															-	2.93	2.89	2.84	2.63

Competitive Comparison of Samsonite International's Receivables Turnover

For the Footwear & Accessories subindustry, Samsonite 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.

Samsonite International's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite International's Receivables Turnover distribution charts can be found below:

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

Samsonite International Receivables Turnover Calculation

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

Samsonite International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	3376.761	/ (	(265.925	+	278.86)	/	2 )
=	3376.761	/	272.3925
=	12.40

Samsonite International's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	844.368	/ (	(0	+	321.527)	/	1 )
=	844.368	/	321.527
=	2.63

Samsonite International (FRA:1SO) 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.

Samsonite International Receivables Turnover Related Terms

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Samsonite International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite International SA (FRA:1SO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SMSOF:USA SMSEY:USA 01910:Hong Kong

Address

13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931

Website

https://corporate.samsonite.com/en/home.html

Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.

Samsonite International Headlines

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