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Helio (WAR:HEL) Receivables Turnover : 3.70 (As of Dec. 2023)


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What is Helio 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. Helio's Revenue for the three months ended in Dec. 2023 was zł153.0 Mil. Helio's average Accounts Receivable for the three months ended in Dec. 2023 was zł41.3 Mil. Hence, Helio's Receivables Turnover for the three months ended in Dec. 2023 was 3.70.


Helio Receivables Turnover Historical Data

The historical data trend for Helio'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.

Helio Receivables Turnover Chart

Helio Annual Data
Trend Jun12 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.78 21.76 19.28 17.60 16.36

Helio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.36 2.08 2.32 2.92 3.70

Competitive Comparison of Helio's Receivables Turnover

For the Packaged Foods subindustry, Helio'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.


Helio's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Helio's Receivables Turnover distribution charts can be found below:

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



Helio Receivables Turnover Calculation

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

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

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=369.157 / ((19.789 + 25.346) / 2 )
=369.157 / 22.5675
=16.36

Helio'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=153 / ((32.098 + 50.501) / 2 )
=153 / 41.2995
=3.70

* 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.


Helio  (WAR:HEL) 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.


Helio Receivables Turnover Related Terms

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Helio (WAR:HEL) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Stoleczna 26, Wygl?dy, Zaborów, Warsaw, POL, 05-083
Helio SA produces and markets packaged dried fruits and nuts in Poland. It offers nuts, dried and candied fruits, grains, poppy-seed fillings, fudge caramel masses, icings for cakes, and microwave popcorns. The company sells its products to retail chains, wholesalers, and grocery stores under the HELIO brand.

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