Puig Brands (FRA:B1B) Receivables Turnover : 3.78 (As of Jun. 2024)

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What is Puig Brands 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. Puig Brands's Revenue for the six months ended in Jun. 2024 was €2,171 Mil. Puig Brands's average Accounts Receivable for the six months ended in Jun. 2024 was €574 Mil. Hence, Puig Brands's Receivables Turnover for the six months ended in Jun. 2024 was 3.78.

Puig Brands Receivables Turnover Historical Data

The historical data trend for Puig Brands'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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Puig Brands Receivables Turnover Chart

Puig Brands Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

8.15

10.27

9.86

Puig Brands Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	-	-	5.11	4.79	3.78

Competitive Comparison of Puig Brands's Receivables Turnover

For the Household & Personal Products subindustry, Puig Brands'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.

Puig Brands's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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

Puig Brands Receivables Turnover Calculation

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

Puig Brands'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 )
=	4304.067	/ (	(387.936	+	484.705)	/	2 )
=	4304.067	/	436.3205
=	9.86

Puig Brands'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: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	2171.222	/ (	(484.705	+	663.725)	/	2 )
=	2171.222	/	574.215
=	3.78

Puig Brands (FRA:B1B) 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.

Puig Brands Receivables Turnover Related Terms

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Puig Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Puig Brands SA (FRA:B1B) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PUIGF:USA PUIGe:UK PUIG:Spain B1B:Germany

Address

Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, ESP, 08902

Website

https://www.puig.com

Puig is a premium beauty product maker that focuses on fragrances (72% of 2023 sales), with more limited exposure to color cosmetics (18%) and skincare (10%). Through a series of acquisitions, Puig has built a premium portfolio, including brands such as Rabanne, Carolina Herrera, Byredo, L'Artisan Parfumeur, Penhaligon's, Dries Van Noten, and Charlotte Tilbury, which contributes 95% of total sales. It also has long-term licensing agreements with Christian Louboutin, Adolfo Dominguez, and Antonio Banderas. Puig generates close to 54% of sales from Europe, 36% from the Americas, and 10% from Asia. The Puig family owns 70% of the economic interests in the company and 94% of the voting rights via a dual-class share structure.

Puig Brands Headlines

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