Distell Group Holdings (JSE:DGH) Receivables Turnover : 3.71 (As of Dec. 2022)

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What is Distell Group Holdings 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. Distell Group Holdings's Revenue for the six months ended in Dec. 2022 was R20,630 Mil. Distell Group Holdings's average Accounts Receivable for the six months ended in Dec. 2022 was R5,559 Mil. Hence, Distell Group Holdings's Receivables Turnover for the six months ended in Dec. 2022 was 3.71.

Distell Group Holdings Receivables Turnover Historical Data

The historical data trend for Distell Group Holdings'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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Distell Group Holdings Receivables Turnover Chart

Distell Group Holdings Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Receivables Turnover

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7.98

7.68

7.64

10.92

10.14

Distell Group Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Receivables Turnover	Get a 7-Day Free Trial															4.26	3.44	4.11	3.28	3.71

Competitive Comparison of Distell Group Holdings's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Distell Group Holdings'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.

Distell Group Holdings's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Distell Group Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Distell Group Holdings's Receivables Turnover falls into.

Distell Group Holdings Receivables Turnover Calculation

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

Distell Group Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

	Receivables Turnover (A: Jun. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2022 )	/ (	(Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )
=	34133.552	/ (	(2718.302	+	4012.766)	/	2 )
=	34133.552	/	3365.534
=	10.14

Distell Group Holdings's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Jun. 2022 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	20630.028	/ (	(4012.766	+	7104.573)	/	2 )
=	20630.028	/	5558.6695
=	3.71

Distell Group Holdings (JSE:DGH) 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.

Distell Group Holdings Receivables Turnover Related Terms

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Distell Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Distell Group Holdings Ltd (JSE:DGH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aan-de-Wagenweg, Stellenbosch, WC, ZAF, 7600

Website

https://www.distell.co.za

Distell Group Holdings Ltd makes and distributes wine, spirits, ciders, and ready-to-drink beverages under dozens of brand names. Its top brands include Amarula, 4th Street, Hunter's Klipdrift, Nederburg, Richelieu, Savanna, Viceroy, and J.C. Le Roux. Nearly three-fourths of the company's sales are generated in South Africa. Its remaining sales are split roughly evenly between the rest of Africa and all other continents. Distell produces most of its products in South Africa and has additional production facilities in France, Scotland, and Ghana.

Distell Group Holdings Headlines

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