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Uni-Select (TSX:UNS) Receivables Turnover : 2.30 (As of Mar. 2023)


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What is Uni-Select 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. Uni-Select's Revenue for the three months ended in Mar. 2023 was C$615 Mil. Uni-Select's average Accounts Receivable for the three months ended in Mar. 2023 was C$267 Mil. Hence, Uni-Select's Receivables Turnover for the three months ended in Mar. 2023 was 2.30.


Uni-Select Receivables Turnover Historical Data

The historical data trend for Uni-Select'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.

Uni-Select Receivables Turnover Chart

Uni-Select Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 7.52 7.18 9.10 9.91

Uni-Select Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.13 2.17 2.20 2.21 2.30

Competitive Comparison of Uni-Select's Receivables Turnover

For the Auto Parts subindustry, Uni-Select'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.


Uni-Select's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Uni-Select's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Uni-Select's Receivables Turnover falls into.



Uni-Select Receivables Turnover Calculation

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

Uni-Select's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=2352.134 / ((232.64 + 241.92) / 2 )
=2352.134 / 237.28
=9.91

Uni-Select's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=615.043 / ((241.92 + 292.833) / 2 )
=615.043 / 267.3765
=2.30

* 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.


Uni-Select  (TSX:UNS) 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.


Uni-Select Receivables Turnover Related Terms

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Uni-Select (TSX:UNS) Business Description

Traded in Other Exchanges
N/A
Address
170 Industriel Boulevard, Boucherville, QC, CAN, J4B 2X3
Uni-Select Inc is a distributor of automotive products and paint and related products for motor vehicles. The company operates in reportable segments; FinishMaster U.S., Canadian Automotive Group, GSF Car Parts U.K, and Corporate Office and Others segments. FinishMaster U.S. is engaged in the distribution of automotive refinish and industrial paint and related products. Canadian Automotive Group is involved in the distribution of automotive aftermarket parts, including refinish and industrial paint. GSF Car Parts U.K is engaged in the distribution of automotive original equipment manufacturers and aftermarket parts, and Corporate Office and Others are engaged in head office expenses and other expenses mainly related to the financing structure. Maximum revenue is from Finishmaster U.S.

Uni-Select (TSX:UNS) Headlines

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