Cherkizovo Group PJSC (MIC:GCHE) Receivables Turnover: 12.06 (As of Dec. 2023)

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MIC:GCHE Cherkizovo Group PJSC MIC:GCHE
17 GF Score
Price ₽3,319.00
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What is Cherkizovo Group PJSC Receivables Turnover?

Cherkizovo Group PJSC MIC:GCHE -1.13% 17 Receivables Turnover is 12.06 as of Dec. 2023. GuruFocus rates MIC:GCHE with a GF Score™ of 17/100.

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. Cherkizovo Group PJSC's Revenue for the six months ended in Dec. 2023 was ₽123,899 Mil. Cherkizovo Group PJSC's average Accounts Receivable for the six months ended in Dec. 2023 was ₽10,273 Mil. Hence, Cherkizovo Group PJSC's Receivables Turnover for the six months ended in Dec. 2023 was 12.06.


Cherkizovo Group PJSC  (MIC:GCHE) 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.


Cherkizovo Group PJSC Receivables Turnover Related Terms


Cherkizovo Group PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC Receivables Turnover Chart

Cherkizovo Group PJSC 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 21.43 22.96 22.17 20.52 21.75

Cherkizovo Group PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.50 11.10 11.52 11.29 12.06

MIC:GCHE vs KHC, GIS, K: Receivables Turnover Comparison

For the Packaged Foods subindustry, Cherkizovo Group PJSC'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.


Cherkizovo Group PJSC Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cherkizovo Group PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cherkizovo Group PJSC's Receivables Turnover falls into.


MIC:GCHE
17GF Score
Cherkizovo Group PJSC MIC:GCHE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherkizovo Group PJSC Receivables Turnover Calculation

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

Cherkizovo Group PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=226713 / ((9256 + 11589) / 2 )
=226713 / 10422.5
=21.75

Cherkizovo Group PJSC's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=123899 / ((8957 + 11589) / 2 )
=123899 / 10273
=12.06

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 12.06 mean?
Cherkizovo Group PJSC (MIC:GCHE) has a Receivables Turnover of 12.06 as of Dec. 2023. The accounts 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. View historical data on Cherkizovo Group PJSC and its competitors.
Is Cherkizovo Group PJSC's Receivables Turnover too high?
Cherkizovo Group PJSC's current Receivables Turnover is 12.06. The Consumer Packaged Goods industry median Receivables Turnover is 9.36. Cherkizovo Group PJSC's value of 12.06 is 28.9% above this industry median. Overall, Cherkizovo Group PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Cherkizovo Group PJSC's Receivables Turnover compare to KHC and GIS?
Cherkizovo Group PJSC's Receivables Turnover of 12.06 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.36. Cherkizovo Group PJSC's value of 12.06 is 28.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.36, based on 1,940 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cherkizovo Group PJSC's current Receivables Turnover of 12.06 is 28.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Cherkizovo Group PJSC and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherkizovo Group PJSC's current Receivables Turnover is 12.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherkizovo Group PJSC stock overvalued right now?
Cherkizovo Group PJSC (MIC:GCHE) has a current Receivables Turnover of 12.06. The current Receivables Turnover is 12.06 and 28.9% above the Consumer Packaged Goods industry median of 9.36. Cherkizovo Group PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Cherkizovo Group PJSC (MIC:GCHE), the current Receivables Turnover is 12.06 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cherkizovo Group PJSC Business Description

Address 1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.
17GF Score

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