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Royal Unibrew AS (LTS:0R6Z) Receivables Turnover : 1.75 (As of Sep. 2024)


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What is Royal Unibrew AS 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. Royal Unibrew AS's Revenue for the three months ended in Sep. 2024 was kr4,083 Mil. Royal Unibrew AS's average Accounts Receivable for the three months ended in Sep. 2024 was kr2,328 Mil. Hence, Royal Unibrew AS's Receivables Turnover for the three months ended in Sep. 2024 was 1.75.


Royal Unibrew AS Receivables Turnover Historical Data

The historical data trend for Royal Unibrew AS'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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Royal Unibrew AS Receivables Turnover Chart

Royal Unibrew AS 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 11.58 11.25 10.15 9.25 8.24

Royal Unibrew AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.75 1.89 1.60 1.76 1.75

Competitive Comparison of Royal Unibrew AS's Receivables Turnover

For the Beverages - Brewers subindustry, Royal Unibrew AS'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.


Royal Unibrew AS's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal Unibrew AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Royal Unibrew AS's Receivables Turnover falls into.



Royal Unibrew AS Receivables Turnover Calculation

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

Royal Unibrew AS'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 )
=12927 / ((1360 + 1778) / 2 )
=12927 / 1569
=8.24

Royal Unibrew AS'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: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=4083 / ((2520 + 2136) / 2 )
=4083 / 2328
=1.75

* 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.


Royal Unibrew AS  (LTS:0R6Z) 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.


Royal Unibrew AS Receivables Turnover Related Terms

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Royal Unibrew AS Business Description

Traded in Other Exchanges
Address
Faxe Alle 1, Faxe, DNK, DK-4640
Royal Unibrew AS produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company's operating segments are Northern Europe, Western Europe and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, and Italy, Finland, Latvia, Lithuania, and Estonia.

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