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Fleury Michon (XPAR:ALFLE) Receivables Turnover : 20.40 (As of Dec. 2023)


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What is Fleury Michon 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. Fleury Michon's Revenue for the six months ended in Dec. 2023 was €413.9 Mil. Fleury Michon's average Accounts Receivable for the six months ended in Dec. 2023 was €20.3 Mil. Hence, Fleury Michon's Receivables Turnover for the six months ended in Dec. 2023 was 20.40.


Fleury Michon Receivables Turnover Historical Data

The historical data trend for Fleury Michon'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.

Fleury Michon Receivables Turnover Chart

Fleury Michon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.85 36.06 47.24 42.69 36.10

Fleury Michon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.83 18.61 19.94 25.29 20.40

Competitive Comparison of Fleury Michon's Receivables Turnover

For the Packaged Foods subindustry, Fleury Michon'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.


Fleury Michon's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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



Fleury Michon Receivables Turnover Calculation

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

Fleury Michon'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 )
=836.221 / ((19.569 + 26.756) / 2 )
=836.221 / 23.1625
=36.10

Fleury Michon'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 )
=413.907 / ((13.826 + 26.756) / 2 )
=413.907 / 20.291
=20.40

* 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.


Fleury Michon  (XPAR:ALFLE) 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.


Fleury Michon Receivables Turnover Related Terms

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Fleury Michon (XPAR:ALFLE) Business Description

Traded in Other Exchanges
Address
La Gare, BP 1, Pouzauges, FRA, 85700
Fleury Michon is a food company. It produces freshly prepared meal products for everyday eating. The firm's products include pork hams, poultry cuts, ready to eat charcuterie, individually prepared meals, and boxed meals and surimi. The company markets and sells its products under Fleury Michon brand name.

Fleury Michon (XPAR:ALFLE) Headlines

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