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OVHFF (OVH Groupe) Receivables Turnover : 14.94 (As of Aug. 2024)


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What is OVH Groupe 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. OVH Groupe's Revenue for the six months ended in Aug. 2024 was $559 Mil. OVH Groupe's average Accounts Receivable for the six months ended in Aug. 2024 was $37 Mil. Hence, OVH Groupe's Receivables Turnover for the six months ended in Aug. 2024 was 14.94.


OVH Groupe Receivables Turnover Historical Data

The historical data trend for OVH Groupe'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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OVH Groupe Receivables Turnover Chart

OVH Groupe Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial 29.84 24.63 23.58 28.99 31.71

OVH Groupe Semi-Annual Data
Aug18 Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.68 13.29 13.67 13.89 14.94

Competitive Comparison of OVH Groupe's Receivables Turnover

For the Software - Infrastructure subindustry, OVH Groupe'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.


OVH Groupe's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, OVH Groupe's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where OVH Groupe's Receivables Turnover falls into.



OVH Groupe Receivables Turnover Calculation

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

OVH Groupe's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=1094.877 / ((34.864 + 34.195) / 2 )
=1094.877 / 34.5295
=31.71

OVH Groupe's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: Feb. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=558.944 / ((40.627 + 34.195) / 2 )
=558.944 / 37.411
=14.94

* 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.


OVH Groupe  (OTCPK:OVHFF) 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.


OVH Groupe Receivables Turnover Related Terms

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OVH Groupe Business Description

Traded in Other Exchanges
Address
2 rue Kellermann, Roubaix, FRA, 59100
OVH Groupe is a provider of cloud services, occupying a position in the cloud market. It provides businesses with a complete suite of solutions designed to meet the growing demand for multi-cloud and hybrid cloud strategies, addressing a wide range of needs and customer segments. Geographically operates in France, Europe and Rest of the world. It has three operating segments: Private Cloud, Public Cloud and Web Cloud & Other.

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