Van de Velde NV (STU:VO4) Receivables Turnover : 6.14 (As of Dec. 2024)

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What is Van de Velde NV 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. Van de Velde NV's Revenue for the six months ended in Dec. 2024 was €93.1 Mil. Van de Velde NV's average Accounts Receivable for the six months ended in Dec. 2024 was €15.2 Mil. Hence, Van de Velde NV's Receivables Turnover for the six months ended in Dec. 2024 was 6.14.

Van de Velde NV Receivables Turnover Historical Data

The historical data trend for Van de Velde 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.

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Van de Velde NV Receivables Turnover Chart

Van de Velde NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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11.65

16.32

15.34

14.92

14.17

Van de Velde NV Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															5.17	6.45	4.90	8.11	6.14

Competitive Comparison of Van de Velde NV's Receivables Turnover

For the Apparel Manufacturing subindustry, Van de Velde 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.

Van de Velde NV's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Van de Velde NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Van de Velde NV's Receivables Turnover falls into.

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Van de Velde NV Receivables Turnover Calculation

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

Van de Velde NV's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	206.435	/ (	(13.973	+	15.159)	/	2 )
=	206.435	/	14.566
=	14.17

Van de Velde NV's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	93.1	/ (	(0	+	15.159)	/	1 )
=	93.1	/	15.159
=	6.14

Van de Velde NV (STU:VO4) 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.

Van de Velde NV Receivables Turnover Related Terms

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Van de Velde NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Van de Velde NV (STU:VO4) » Definitions » Receivables Turnover

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Traded in Other Exchanges

0IWV:UK VO4:Germany VAN:Belgium

Address

Lageweg 4, Schellebelle, BEL, 9260

Website

https://www.vandevelde.eu

Van de Velde NV designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are through retail stores the company owns or franchises. Van de Velde sells its products worldwide, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai. Van de Velde manufactures its products in Asia and Tunisia.

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