Lewis Group (JSE:LEW) Receivables Turnover : 0.96 (As of Sep. 2024)

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What is Lewis Group 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. Lewis Group's Revenue for the six months ended in Sep. 2024 was R4,354 Mil. Lewis Group's average Accounts Receivable for the six months ended in Sep. 2024 was R4,526 Mil. Hence, Lewis Group's Receivables Turnover for the six months ended in Sep. 2024 was 0.96.

Lewis Group Receivables Turnover Historical Data

The historical data trend for Lewis Group'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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Lewis Group Receivables Turnover Chart

Lewis Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.01

2.08

2.16

2.04

2.00

Lewis Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.00	1.05	0.96	1.03	0.96

Competitive Comparison of Lewis Group's Receivables Turnover

For the Specialty Retail subindustry, Lewis Group'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.

Lewis Group's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lewis Group's Receivables Turnover distribution charts can be found below:

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

Lewis Group Receivables Turnover Calculation

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

Lewis Group's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	8183.8	/ (	(3850.7	+	4342.5)	/	2 )
=	8183.8	/	4096.6
=	2.00

Lewis Group's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	4354	/ (	(4342.5	+	4710.3)	/	2 )
=	4354	/	4526.4
=	0.96

Lewis Group (JSE:LEW) 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.

Lewis Group Receivables Turnover Related Terms

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Lewis Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lewis Group Ltd (JSE:LEW) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

53A Victoria Road, Universal House, Woodstock, Cape Town, ZAF, 7925

Website

https://www.lewisgroup.co.za

Lewis Group Ltd is a South Africa-based retailer of household furniture and electrical appliances through its three trading brands, Lewis, Beares, and Best Home and Electric. Lewis sells a range of household furniture, electrical appliances, and home electronics to customers in the LSM 4 to 7 categories. Best Home and Electric is a retailer of electrical appliances, sound and vision equipment, and furniture, targeting LSM four to seven customers. Its operating segments are Traditional retail and Cash retail. The company generates majority of the revenue from Traditional retail segment. Beares is a retailer of upmarket furniture, electrical appliances, and home electronics to customers in the LSM 6 to 9 categories.

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