SSUNF (SIGNA Sports United NV) Receivables Turnover: 17.17 (As of Mar. 2023)


What is SIGNA Sports United NV Receivables Turnover?

SIGNA Sports United NV SSUNF Receivables Turnover is 17.17 as of Mar. 2023.

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. SIGNA Sports United NV's Revenue for the six months ended in Mar. 2023 was $473 Mil. SIGNA Sports United NV's average Accounts Receivable for the six months ended in Mar. 2023 was $28 Mil. Hence, SIGNA Sports United NV's Receivables Turnover for the six months ended in Mar. 2023 was 17.17.

SIGNA Sports United NV  (OTCPK:SSUNF) 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.

SIGNA Sports United NV Receivables Turnover Related Terms

SIGNA Sports United NV Receivables Turnover Historical Data

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The historical data trend for SIGNA Sports United NV'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.

SIGNA Sports United NV Receivables Turnover Chart

SIGNA Sports United NV Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Receivables Turnover
26.33 31.69 33.96 37.72

SIGNA Sports United NV Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Receivables Turnover Get a 7-Day Free Trial 15.26 16.17 16.82 23.05 17.17

SSUNF vs POL, GHST, SPEV: Receivables Turnover Comparison

For the Specialty Retail subindustry, SIGNA Sports United NV'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.

SIGNA Sports United NV Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SIGNA Sports United NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SIGNA Sports United NV's Receivables Turnover falls into.


SIGNA Sports United NV Receivables Turnover Calculation

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

SIGNA Sports United NV's Receivables Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Receivables Turnover (A: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2022 ) / ((Accounts Receivable (A: Sep. 2021 ) + Accounts Receivable (A: Sep. 2022 )) / count )
=1052.277 / ((30.941 + 24.851) / 2 )
=1052.277 / 27.896
=37.72

SIGNA Sports United NV's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=472.591 / ((24.851 + 30.193) / 2 )
=472.591 / 27.522
=17.17

* 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 17.17 mean?
SIGNA Sports United NV (SSUNF) has a Receivables Turnover of 17.17 as of Mar. 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 SIGNA Sports United NV and its competitors.
Is SIGNA Sports United NV's Receivables Turnover too high?
SIGNA Sports United NV's current Receivables Turnover is 17.17. The Retail - Cyclical industry median Receivables Turnover is 19.31. SIGNA Sports United NV's value of 17.17 is 11.1% below this industry median.
How does SIGNA Sports United NV's Receivables Turnover compare to POL and GHST?
SIGNA Sports United NV's Receivables Turnover of 17.17 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.31. SIGNA Sports United NV's value of 17.17 is 11.1% below 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 19.31, based on 1,096 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. SIGNA Sports United NV's current Receivables Turnover of 17.17 is 11.1% below 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 SIGNA Sports United NV and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIGNA Sports United NV's current Receivables Turnover is 17.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIGNA Sports United NV stock overvalued right now?
SIGNA Sports United NV (SSUNF) has a current Receivables Turnover of 17.17. The current Receivables Turnover is 17.17 and 11.1% below the Retail - Cyclical industry median of 19.31. 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 SIGNA Sports United NV (SSUNF), the current Receivables Turnover is 17.17 as of Mar. 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.

SIGNA Sports United NV Business Description

Address Kantstrasse 164, Upper West, Berlin, DEU, 10623
SIGNA Sports United NV is a group of specialist sports webshops powered by its sports commerce and technology platform. The company's segment includes Tennis; Bike and Outdoor and Teamsport. It generates maximum revenue from the Bike and Outdoor segment. Geographically, it derives a majority of revenue from Germany.