Sodexo (XPAR:SW) Receivables Turnover : 3.74 (As of Feb. 2024)

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What is Sodexo 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. Sodexo's Revenue for the six months ended in Feb. 2024 was €12,101 Mil. Sodexo's average Accounts Receivable for the six months ended in Feb. 2024 was €3,235 Mil. Hence, Sodexo's Receivables Turnover for the six months ended in Feb. 2024 was 3.74.

Sodexo Receivables Turnover Historical Data

The historical data trend for Sodexo'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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Sodexo Receivables Turnover Chart

Sodexo Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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6.00

5.30

4.85

5.06

6.21

Sodexo Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															2.51	2.28	2.55	2.83	3.74

Competitive Comparison of Sodexo's Receivables Turnover

For the Specialty Business Services subindustry, Sodexo'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.

Sodexo's Receivables Turnover Distribution in the Business Services Industry

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

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

Sodexo Receivables Turnover Calculation

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

Sodexo's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	22637	/ (	(4294	+	3001)	/	2 )
=	22637	/	3647.5
=	6.21

Sodexo's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Aug. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	12101	/ (	(3001	+	3469)	/	2 )
=	12101	/	3235
=	3.74

Sodexo (XPAR:SW) 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.

Sodexo Receivables Turnover Related Terms

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Sodexo (XPAR:SW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (XPAR:SW) » Definitions » Receivables Turnover

Comparable Companies

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SDXOF:USA SDXAY:USA SWp:UK 0J3F:UK SJ7:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130

Website

http://www.sodexo.com

Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

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