Hasbro (STU:HAS) Receivables Turnover : 0.91 (As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Hasbro 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. Hasbro's Revenue for the three months ended in Mar. 2024 was €697 Mil. Hasbro's average Accounts Receivable for the three months ended in Mar. 2024 was €763 Mil. Hence, Hasbro's Receivables Turnover for the three months ended in Mar. 2024 was 0.91.

Hasbro Receivables Turnover Historical Data

The historical data trend for Hasbro'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.

Hasbro Receivables Turnover Chart

Hasbro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.67

3.72

4.60

4.61

4.56

Hasbro 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															1.09	1.54	1.53	1.20	0.91

Competitive Comparison of Hasbro's Receivables Turnover

For the Leisure subindustry, Hasbro'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.

Hasbro's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Receivables Turnover distribution charts can be found below:

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

Hasbro Receivables Turnover Calculation

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

Hasbro's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	4588.026	/ (	(1068.986	+	943.868)	/	2 )
=	4588.026	/	1006.427
=	4.56

Hasbro'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 )
=	696.716	/ (	(943.868	+	581.9)	/	2 )
=	696.716	/	762.884
=	0.91

Hasbro (STU:HAS) 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.

Hasbro Receivables Turnover Related Terms

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

Hasbro (STU:HAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hasbro Inc (STU:HAS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HAS:USA HAS:Mexico 1HAS:Italy HAS:Germany H1AS34:Brazil HAS:Austria

Address

1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059

Website

https://www.hasbro.com

Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.