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Groupe LDLC (FRA:6CE) Receivables Turnover : 10.37 (As of Sep. 2023)


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What is Groupe LDLC 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. Groupe LDLC's Revenue for the six months ended in Sep. 2023 was €267.0 Mil. Groupe LDLC's average Accounts Receivable for the six months ended in Sep. 2023 was €25.8 Mil. Hence, Groupe LDLC's Receivables Turnover for the six months ended in Sep. 2023 was 10.37.


Groupe LDLC Receivables Turnover Historical Data

The historical data trend for Groupe LDLC'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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Groupe LDLC Receivables Turnover Chart

Groupe LDLC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.88 19.25 25.51 24.67 24.54

Groupe LDLC Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.59 12.90 10.25 12.88 10.37

Competitive Comparison of Groupe LDLC's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Groupe LDLC'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.


Groupe LDLC's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Groupe LDLC's Receivables Turnover distribution charts can be found below:

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



Groupe LDLC Receivables Turnover Calculation

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

Groupe LDLC's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=567.871 / ((23.542 + 22.733) / 2 )
=567.871 / 23.1375
=24.54

Groupe LDLC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=267.03 / ((22.733 + 28.773) / 2 )
=267.03 / 25.753
=10.37

* 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.


Groupe LDLC  (FRA:6CE) 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.


Groupe LDLC Receivables Turnover Related Terms

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Groupe LDLC (FRA:6CE) Business Description

Traded in Other Exchanges
Address
18 chemin des Cuers, CS40207, Dardilly, FRA, 69574
Groupe LDLC SA is a France-based company engaged in the sale and distribution of computer and multimedia equipment. Its product range includes electronic components, network equipment, software, connections, portable computers, hi-fis and videos, digital cameras, digital versatile discs, and peripherals.

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