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ID Logistics (XPAR:IDL) Receivables Turnover : 2.92 (As of Dec. 2023)


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What is ID Logistics 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. ID Logistics's Revenue for the six months ended in Dec. 2023 was €1,459 Mil. ID Logistics's average Accounts Receivable for the six months ended in Dec. 2023 was €499 Mil. Hence, ID Logistics's Receivables Turnover for the six months ended in Dec. 2023 was 2.92.


ID Logistics Receivables Turnover Historical Data

The historical data trend for ID Logistics'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.

ID Logistics Receivables Turnover Chart

ID Logistics 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 5.75 5.66 5.45 5.77 5.56

ID Logistics 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 2.79 2.76 2.85 2.73 2.92

Competitive Comparison of ID Logistics's Receivables Turnover

For the Specialty Business Services subindustry, ID Logistics'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.


ID Logistics's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ID Logistics's Receivables Turnover distribution charts can be found below:

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



ID Logistics Receivables Turnover Calculation

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

ID Logistics'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 )
=2747.425 / ((467.157 + 520.802) / 2 )
=2747.425 / 493.9795
=5.56

ID Logistics'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 )
=1458.781 / ((478.148 + 520.802) / 2 )
=1458.781 / 499.475
=2.92

* 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.


ID Logistics  (XPAR:IDL) 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.


ID Logistics Receivables Turnover Related Terms

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ID Logistics (XPAR:IDL) Business Description

Traded in Other Exchanges
Address
55 chemin des Engranauds, CS 20040, Orgon, FRA, 13660
ID Logistics is a France-based company engaged in the logistics industry. It serves the retail, FMCG, cosmetics and fragrance, e-commerce, fashion, and high-tech sectors. The company offers its customers a range of services for their supply chain, such as warehousing, temperature controlled logistics, and e-business. Its geographical segment includes France and International. The company derives a majority of its revenue from the International segment.

ID Logistics (XPAR:IDL) Headlines

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