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Bunzl (LSE:BNZL) Receivables Turnover : 3.87 (As of Jun. 2024)


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What is Bunzl 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. Bunzl's Revenue for the six months ended in Jun. 2024 was £5,712 Mil. Bunzl's average Accounts Receivable for the six months ended in Jun. 2024 was £1,475 Mil. Hence, Bunzl's Receivables Turnover for the six months ended in Jun. 2024 was 3.87.


Bunzl Receivables Turnover Historical Data

The historical data trend for Bunzl'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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Bunzl Receivables Turnover Chart

Bunzl Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.87 9.37 8.90 9.87 9.24

Bunzl Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.11 4.49 4.11 4.07 3.87

Competitive Comparison of Bunzl's Receivables Turnover

For the Food Distribution subindustry, Bunzl'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.


Bunzl's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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



Bunzl Receivables Turnover Calculation

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

Bunzl'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 )
=11797.1 / ((1266 + 1287.3) / 2 )
=11797.1 / 1276.65
=9.24

Bunzl'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 )
=5711.5 / ((1287.3 + 1662.4) / 2 )
=5711.5 / 1474.85
=3.87

* 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.


Bunzl  (LSE:BNZL) 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.


Bunzl Receivables Turnover Related Terms

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Bunzl Business Description

Address
45 Seymour Street, York House, London, GBR, W1H 7JT
Bunzl PLC is a global distributor of nonfood consumables, including disposable cutlery, cleaning products, and personal protective equipment. The company's geographical segment includes North America; Continental Europe; UK and Ireland and Rest of the World. It derives a majority of its revenue from Foodservice sector.

Bunzl Headlines

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