O'Key Group (LSE:61HD) Receivables Turnover : 266.29 (As of Jun. 2023)

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What is O'Key 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. O'Key Group's Revenue for the six months ended in Jun. 2023 was $1,226 Mil. O'Key Group's average Accounts Receivable for the six months ended in Jun. 2023 was $5 Mil. Hence, O'Key Group's Receivables Turnover for the six months ended in Jun. 2023 was 266.29.

O'Key Group Receivables Turnover Historical Data

The historical data trend for O'Key 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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O'Key Group Receivables Turnover Chart

O'Key Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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336.29

385.07

414.14

660.81

684.65

O'Key Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial															274.02	278.21	354.30	341.48	266.29

Competitive Comparison of O'Key Group's Receivables Turnover

For the Grocery Stores subindustry, O'Key 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.

O'Key Group's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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

O'Key Group Receivables Turnover Calculation

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

O'Key Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	3303.443	/ (	(4.213	+	5.437)	/	2 )
=	3303.443	/	4.825
=	684.65

O'Key Group's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	1225.716	/ (	(5.437	+	3.769)	/	2 )
=	1225.716	/	4.603
=	266.29

O'Key Group (LSE:61HD) 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.

O'Key Group Receivables Turnover Related Terms

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O'Key Group (LSE:61HD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » O'Key Group SA (LSE:61HD) » Definitions » Receivables Turnover

Comparable Companies

LSE:FIVE TPE:2945 TSE:9823 XPAR:RAL COL:CARG.N0000 TSE:9993 TSE:9977 BKK:TNP LSE:CBOX HKSE:00831

Traded in Other Exchanges

OKEY:UK

Address

25?, Boulevard Royal, Luxembourg, LUX, 2449

Website

https://www.okeygroup.lu

O'Key Group SA is a retail store operator. It deals with trading food such as fresh fruits, vegetables, and bakery products through the medium of hypermarkets, supermarkets, and discount stores. The company's operating segment includes O'Key and DA. It generates maximum revenue from the O'Key segment. The O'Key segment includes a chain of modern-style hypermarkets under the O'KEY brand and the DA segment includes a chain of discounter stores in Moscow and the Central region.

O'Key Group (LSE:61HD) Headlines

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