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Metropole Television (XPAR:MMT) Receivables Turnover : 2.17 (As of Jun. 2024)


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What is Metropole Television 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. Metropole Television's Revenue for the six months ended in Jun. 2024 was €657 Mil. Metropole Television's average Accounts Receivable for the six months ended in Jun. 2024 was €303 Mil. Hence, Metropole Television's Receivables Turnover for the six months ended in Jun. 2024 was 2.17.


Metropole Television Receivables Turnover Historical Data

The historical data trend for Metropole Television'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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Metropole Television Receivables Turnover Chart

Metropole Television 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 4.30 3.55 3.90 4.11 4.36

Metropole Television Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.95 2.17 2.09 2.39 2.17

Competitive Comparison of Metropole Television's Receivables Turnover

For the Broadcasting subindustry, Metropole Television'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.


Metropole Television's Receivables Turnover Distribution in the Media - Diversified Industry

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

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



Metropole Television Receivables Turnover Calculation

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

Metropole Television'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 )
=1315.7 / ((308.9 + 294) / 2 )
=1315.7 / 301.45
=4.36

Metropole Television's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=656.9 / ((294 + 312.4) / 2 )
=656.9 / 303.2
=2.17

* 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.


Metropole Television  (XPAR:MMT) 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.


Metropole Television Receivables Turnover Related Terms

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Metropole Television Business Description

Traded in Other Exchanges
Address
89, Avenue Charles-de-Gaulle, Cedex, Neuilly-sur-Seine, FRA, 92200
Metropole Television SA is a media holding company that owns several television channels, magazines, publications, and movie production firms. Metropole Television SA's flagship channel is M6, a multimedia television network that displays a wide variety of content and includes dramas, news, comedies, films, and documentaries. Furthermore, Metropole owns production houses and operates digital content publications. It has four reportable segments which includes Television, Radio, Production & Audiovisual Rights and Diversification involves distribution of niche products, other online revenues, Interactions division. The company generates the vast majority of its revenue from France and also from Television segment.