Sopra Steria Group (XPAR:SOP) Receivables Turnover : 3.84 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Sopra Steria Group 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. Sopra Steria Group's Revenue for the six months ended in Dec. 2023 was €2,965 Mil. Sopra Steria Group's average Accounts Receivable for the six months ended in Dec. 2023 was €773 Mil. Hence, Sopra Steria Group's Receivables Turnover for the six months ended in Dec. 2023 was 3.84.

Sopra Steria Group Receivables Turnover Historical Data

The historical data trend for Sopra Steria Group'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.

Sopra Steria Group Receivables Turnover Chart

Sopra Steria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.10

5.07

7.45

7.51

7.53

Sopra Steria Group 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															3.86	4.00	3.85	4.00	3.84

Competitive Comparison of Sopra Steria Group's Receivables Turnover

For the Information Technology Services subindustry, Sopra Steria Group'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.

Sopra Steria Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Sopra Steria Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sopra Steria Group's Receivables Turnover falls into.

Sopra Steria Group Receivables Turnover Calculation

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

Sopra Steria Group'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 )
=	5805.3	/ (	(707.4	+	835.3)	/	2 )
=	5805.3	/	771.35
=	7.53

Sopra Steria Group'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 )
=	2965.2	/ (	(711	+	835.3)	/	2 )
=	2965.2	/	773.15
=	3.84

Sopra Steria Group (XPAR:SOP) 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.

Sopra Steria Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sopra Steria Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sopra Steria Group (XPAR:SOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sopra Steria Group SA (XPAR:SOP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SPPSY:USA SOPp:UK 0NJQ:UK OR8:Germany

Address

9 bis, rue de Presbourg, Paris, FRA, 75116

Website

http://www.sopragroup.com

Sopra Steria Group SA is a digital transformation company. It guides businesses through conversion projects, from the development phase to implementation phase. The firm provides end to end services in the fields of consulting, systems integration, software development, infrastructure management and business process services. It's target markets are financial services, insurance and social welfare, public sector, telecom operators, aerospace and defense, retail and energy sectors. Its geographic segments are France, United Kingdom, Spain, Italy, and Belgium. The company derives the majority of its revenues from France.