Greenyard NV (LTS:0JZ8) Receivables Turnover : 11.87 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Greenyard 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. Greenyard NV's Revenue for the six months ended in Sep. 2024 was €2,668 Mil. Greenyard NV's average Accounts Receivable for the six months ended in Sep. 2024 was €225 Mil. Hence, Greenyard NV's Receivables Turnover for the six months ended in Sep. 2024 was 11.87.

Greenyard NV Receivables Turnover Historical Data

The historical data trend for Greenyard 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.

* Premium members only.

Greenyard NV Receivables Turnover Chart

Greenyard NV Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

19.46

19.86

22.90

28.94

29.27

Greenyard NV 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															12.09	12.79	12.72	12.14	11.87

Competitive Comparison of Greenyard NV's Receivables Turnover

For the Food Distribution subindustry, Greenyard 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.

Greenyard NV's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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

Greenyard NV Receivables Turnover Calculation

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

Greenyard NV'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 )
=	5135.949	/ (	(158.375	+	192.52)	/	2 )
=	5135.949	/	175.4475
=	29.27

Greenyard NV'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 )
=	2667.837	/ (	(192.52	+	257.043)	/	2 )
=	2667.837	/	224.7815
=	11.87

Greenyard NV (LTS:0JZ8) 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.

Greenyard NV Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Greenyard NV's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Greenyard NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Greenyard NV (LTS:0JZ8) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

2P1:Germany GREEN:Belgium

Address

Strijbroek 10, Sint-Katelijne-Waver, BEL, BE-2860

Website

https://www.greenyard.group

Greenyard NV is a Belgium-based company that operates as a processor of field-fresh fruits and vegetables. It produces and supplies food products with a long shelf-life. The company's business is split into two segments, Fresh and Long Fresh. The Fresh segment is mainly active in supply of fresh products, fruit, and vegetables, flowers and plants, and logistics of fresh produce. There are two divisions in the Long Fresh segment, Frozen, and Prepared activities. Produce is frozen immediately after harvesting and preparation. At Prepared, it includes freshly preserved fruit, vegetables, mushrooms, and other ambient food products. The company's majority share of revenue is generated from Fresh products.

Greenyard NV Headlines

No Headlines