Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Receivables Turnover : 30.55 (As of Jul. 2021)

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What is Morrison (Wm) Supermarkets 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. Morrison (Wm) Supermarkets's Revenue for the six months ended in Jul. 2021 was $12,506 Mil. Morrison (Wm) Supermarkets's average Accounts Receivable for the six months ended in Jul. 2021 was $409 Mil. Hence, Morrison (Wm) Supermarkets's Receivables Turnover for the six months ended in Jul. 2021 was 30.55.

Morrison (Wm) Supermarkets Receivables Turnover Historical Data

The historical data trend for Morrison (Wm) Supermarkets'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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Morrison (Wm) Supermarkets Receivables Turnover Chart

Morrison (Wm) Supermarkets Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Receivables Turnover

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112.28

93.45

77.15

88.01

90.86

Morrison (Wm) Supermarkets Semi-Annual Data
	Jan12	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21
Receivables Turnover	Get a 7-Day Free Trial															32.52	32.80	30.28	33.45	30.55

Competitive Comparison of Morrison (Wm) Supermarkets's Receivables Turnover

For the Grocery Stores subindustry, Morrison (Wm) Supermarkets'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.

Morrison (Wm) Supermarkets's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Morrison (Wm) Supermarkets's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Morrison (Wm) Supermarkets's Receivables Turnover falls into.

Morrison (Wm) Supermarkets Receivables Turnover Calculation

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

Morrison (Wm) Supermarkets's Receivables Turnover for the fiscal year that ended in Jan. 2021 is calculated as

	Receivables Turnover (A: Jan. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2021 )	/ (	(Accounts Receivable (A: Jan. 2020 )	+	Accounts Receivable (A: Jan. 2021 ))	/	count )
=	24008.186	/ (	(269.281	+	259.209)	/	2 )
=	24008.186	/	264.245
=	90.86

Morrison (Wm) Supermarkets's Receivables Turnover for the quarter that ended in Jul. 2021 is calculated as

	Receivables Turnover (Q: Jul. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jul. 2021 )	/ (	(Accounts Receivable (Q: Jan. 2021 )	+	Accounts Receivable (Q: Jul. 2021 ))	/	count )
=	12505.525	/ (	(259.209	+	559.392)	/	2 )
=	12505.525	/	409.3005
=	30.55

Morrison (Wm) Supermarkets (OTCPK:MRWSY) 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.

Morrison (Wm) Supermarkets Receivables Turnover Related Terms

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Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Morrison (Wm) Supermarkets PLC (OTCPK:MRWSY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gain Lane, Hilmore House, Bradford, West Yorkshire, GBR, BD3 7DL

Website

https://www.morrisons.com

Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).