Steinhoff International Holdings NV (JSE:SNH) Receivables Turnover : 10.35 (As of Mar. 2023)

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What is Steinhoff International Holdings NV 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. Steinhoff International Holdings NV's Revenue for the six months ended in Mar. 2023 was R11,867 Mil. Steinhoff International Holdings NV's average Accounts Receivable for the six months ended in Mar. 2023 was R1,146 Mil. Hence, Steinhoff International Holdings NV's Receivables Turnover for the six months ended in Mar. 2023 was 10.35.

Steinhoff International Holdings NV Receivables Turnover Historical Data

The historical data trend for Steinhoff International Holdings NV'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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Steinhoff International Holdings NV Receivables Turnover Chart

Steinhoff International Holdings NV Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Receivables Turnover

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50.05

49.42

74.74

86.86

101.03

Steinhoff International Holdings NV Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Receivables Turnover	Get a 7-Day Free Trial															12.59	12.45	10.46	10.99	10.35

Competitive Comparison of Steinhoff International Holdings NV's Receivables Turnover

For the Specialty Retail subindustry, Steinhoff International Holdings NV'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.

Steinhoff International Holdings NV's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Steinhoff International Holdings NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Steinhoff International Holdings NV's Receivables Turnover falls into.

Steinhoff International Holdings NV Receivables Turnover Calculation

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

Steinhoff International Holdings NV's Receivables Turnover for the fiscal year that ended in Sep. 2022 is calculated as

	Receivables Turnover (A: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2022 )	/ (	(Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )
=	180042.806	/ (	(1682.291	+	1881.798)	/	2 )
=	180042.806	/	1782.0445
=	101.03

Steinhoff International Holdings NV's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	11866.72	/ (	(1881.798	+	410.546)	/	2 )
=	11866.72	/	1146.172
=	10.35

Steinhoff International Holdings NV (JSE:SNH) 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.

Steinhoff International Holdings NV Receivables Turnover Related Terms

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Steinhoff International Holdings NV (JSE:SNH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Steinhoff International Holdings NV (JSE:SNH) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Cnr Adam Tas and Devon Valley Road, Building B2, Vineyard Office Park, Stellenbosch, WC, ZAF, 7600

Website

https://www.steinhoffinternational.com

Steinhoff International Holdings NV is a global holding company with investments in retail businesses in Africa, Australasia, Europe, the United Kingdom, and the United States. The company's four business segments include Pepco Group, Greenlit Brands, Pepkor Holdings, and Group services. The majority of the revenue comes from both Pepco Group and Pepkor Holdings. Pepco Group consists of the general merchandise retail business of Pepco and Poundland. Pepkor Holdings includes retail chains predominantly selling clothing, footwear, textiles, cell phones, airtime, and fast-moving consumer goods, with its revenue mainly derived from South Africa. The holding company operates globally, with the majority of sales coming from Africa and Europe.

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