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Verallia (Verallia) Receivables Turnover : 8.35 (As of Dec. 2023)


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What is Verallia 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. Verallia's Revenue for the six months ended in Dec. 2023 was $1,921 Mil. Verallia's average Accounts Receivable for the six months ended in Dec. 2023 was $230 Mil. Hence, Verallia's Receivables Turnover for the six months ended in Dec. 2023 was 8.35.


Verallia Receivables Turnover Historical Data

The historical data trend for Verallia'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.

Verallia Receivables Turnover Chart

Verallia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 21.83 24.85 23.40 17.63 20.15

Verallia Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.22 9.02 7.09 8.18 8.35

Competitive Comparison of Verallia's Receivables Turnover

For the Packaging & Containers subindustry, Verallia'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.


Verallia's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Verallia's Receivables Turnover distribution charts can be found below:

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



Verallia Receivables Turnover Calculation

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

Verallia'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 )
=4257.143 / ((265.254 + 157.361) / 2 )
=4257.143 / 211.3075
=20.15

Verallia's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1920.502 / ((302.492 + 157.361) / 2 )
=1920.502 / 229.9265
=8.35

* 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.


Verallia  (OTCPK:VRLAF) 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.


Verallia Receivables Turnover Related Terms

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Verallia (Verallia) Business Description

Traded in Other Exchanges
Address
31 Place des Corolles, Tour Carpe Diem, Esplanade Nord, Courbevoie, FRA, 92400
Verallia is a manufacturer of glass containers for the food and beverage industries. As a global supplier and partner for its customers in the wine, spirits and food markets.

Verallia (Verallia) Headlines

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