Lenta IPJSC (MIC:LENT) Receivables Turnover: 32.38 (As of Jun. 2023)

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MIC:LENT Lenta IPJSC MIC:LENT
16 GF Score
Price ₽1,634.00
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What is Lenta IPJSC Receivables Turnover?

Lenta IPJSC MIC:LENT +1.81% 16 Receivables Turnover is 32.38 as of Jun. 2023. GuruFocus rates MIC:LENT with a GF Score™ of 16/100.

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. Lenta IPJSC's Revenue for the six months ended in Jun. 2023 was ₽257,153 Mil. Lenta IPJSC's average Accounts Receivable for the six months ended in Jun. 2023 was ₽7,941 Mil. Hence, Lenta IPJSC's Receivables Turnover for the six months ended in Jun. 2023 was 32.38.


Lenta IPJSC  (MIC:LENT) 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.


Lenta IPJSC Receivables Turnover Related Terms


Lenta IPJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Lenta IPJSC'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.

Lenta IPJSC Receivables Turnover Chart

Lenta IPJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.49 58.60 71.94 78.07 77.54

Lenta IPJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 46.02 37.28 44.87 41.62 32.38

MIC:LENT vs DDS, M: Receivables Turnover Comparison

For the Department Stores subindustry, Lenta IPJSC'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.


Lenta IPJSC Receivables Turnover vs Retail - Cyclical Industry

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

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


MIC:LENT
16GF Score
Lenta IPJSC MIC:LENT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Lenta IPJSC Receivables Turnover Calculation

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

Lenta IPJSC's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=483640.887 / ((6169.228 + 6305.526) / 2 )
=483640.887 / 6237.377
=77.54

Lenta IPJSC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=257152.928 / ((0 + 7941.421) / 1 )
=257152.928 / 7941.421
=32.38

* 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 32.38 mean?
Lenta IPJSC (MIC:LENT) has a Receivables Turnover of 32.38 as of Jun. 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 Lenta IPJSC and its competitors.
Is Lenta IPJSC's Receivables Turnover too high?
Lenta IPJSC's current Receivables Turnover is 32.38. The Retail - Cyclical industry median Receivables Turnover is 19.39. Lenta IPJSC's value of 32.38 is 67% above this industry median. Overall, Lenta IPJSC has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Lenta IPJSC's Receivables Turnover compare to DDS and M?
Lenta IPJSC's Receivables Turnover of 32.38 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.39. Lenta IPJSC's value of 32.38 is 67% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.39, based on 1,099 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. Lenta IPJSC's current Receivables Turnover of 32.38 is 67% 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 Lenta IPJSC and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenta IPJSC's current Receivables Turnover is 32.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenta IPJSC stock overvalued right now?
Lenta IPJSC (MIC:LENT) has a current Receivables Turnover of 32.38. The current Receivables Turnover is 32.38 and 67% above the Retail - Cyclical industry median of 19.39. Lenta IPJSC's overall GF Score™ is 16/100. 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 Lenta IPJSC (MIC:LENT), the current Receivables Turnover is 32.38 as of Jun. 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.

Lenta IPJSC Business Description

Address 112B & 119 Savushkina Street, Saint Petersburg, RUS, 197374
Lenta IPJSC, formerly Lenta PLC operates a chain of retail stores in Russia. The company operates more than 200 hypermarkets in Russia. It also has more than 100 supermarkets in Moscow and St. Petersburg. Through its hypermarkets and supermarkets, it sells products varying from household goods, daily need products, food, and drinks. Revenues are generated by the sale of these products directly to the consumer.
16GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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