Musti Group (OHEL:MUSTI) Receivables Turnover : 8.09 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Musti Group 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. Musti Group's Revenue for the three months ended in Mar. 2024 was €107.2 Mil. Musti Group's average Accounts Receivable for the three months ended in Mar. 2024 was €13.2 Mil. Hence, Musti Group's Receivables Turnover for the three months ended in Mar. 2024 was 8.09.

Musti Group Receivables Turnover Historical Data

The historical data trend for Musti Group'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.

Musti Group Receivables Turnover Chart

Musti Group Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

Get a 7-Day Free Trial

62.04

84.38

96.29

125.02

97.76

Musti Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															9.02	8.93	12.35	11.60	8.09

Competitive Comparison of Musti Group's Receivables Turnover

For the Personal Services subindustry, Musti Group'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.

Musti Group's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Musti Group's Receivables Turnover distribution charts can be found below:

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

Musti Group Receivables Turnover Calculation

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

Musti Group's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	425.739	/ (	(2.66	+	6.05)	/	2 )
=	425.739	/	4.355
=	97.76

Musti Group's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	107.205	/ (	(13.886	+	12.605)	/	2 )
=	107.205	/	13.2455
=	8.09

Musti Group (OHEL:MUSTI) 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.

Musti Group Receivables Turnover Related Terms

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

Musti Group (OHEL:MUSTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Musti Group PLC (OHEL:MUSTI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MUSTIh:UK 0A3B:UK 49U:Germany

Address

Makitorpantie 3 B, Helsinki, FIN, 00620

Website

https://www.mustigroup.com

Musti Group PLC is an operator of omnichannel which caters to the needs of pets and their parents. The company has more than three hundred stores and also operates through an online channel. It generates revenue through sales of pet products, food, and accessories. It also offers services such as grooming, training, and veterinary services. The company's reporting segments are based on geographical regions which are Finland, Sweden, and Norway.

Musti Group (OHEL:MUSTI) Headlines

No Headlines