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Hopscotch Groupe (XPAR:ALHOP) Receivables Turnover : 1.96 (As of Dec. 2023)


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What is Hopscotch Groupe 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. Hopscotch Groupe's Revenue for the six months ended in Dec. 2023 was €148.4 Mil. Hopscotch Groupe's average Accounts Receivable for the six months ended in Dec. 2023 was €75.7 Mil. Hence, Hopscotch Groupe's Receivables Turnover for the six months ended in Dec. 2023 was 1.96.


Hopscotch Groupe Receivables Turnover Historical Data

The historical data trend for Hopscotch Groupe'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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Hopscotch Groupe Receivables Turnover Chart

Hopscotch Groupe 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 3.93 2.43 3.43 3.89 3.52

Hopscotch Groupe 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 2.32 1.81 1.93 1.68 1.96

Competitive Comparison of Hopscotch Groupe's Receivables Turnover

For the Advertising Agencies subindustry, Hopscotch Groupe'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.


Hopscotch Groupe's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hopscotch Groupe's Receivables Turnover distribution charts can be found below:

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



Hopscotch Groupe Receivables Turnover Calculation

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

Hopscotch Groupe'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 )
=271.373 / ((74.707 + 79.464) / 2 )
=271.373 / 77.0855
=3.52

Hopscotch Groupe'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 )
=148.427 / ((71.892 + 79.464) / 2 )
=148.427 / 75.678
=1.96

* 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.


Hopscotch Groupe  (XPAR:ALHOP) 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.


Hopscotch Groupe Receivables Turnover Related Terms

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Hopscotch Groupe (XPAR:ALHOP) Business Description

Traded in Other Exchanges
Address
40 rue Anatole France, Levallois-Perret, Paris, FRA, 92594
Hopscotch Groupe SA designs engaging and long-lasting relationships between new audiences and the brands, companies and institutions. The company is also involved with sales promotion events.

Hopscotch Groupe (XPAR:ALHOP) Headlines

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