Technicolor Creative Studios (XPAR:TCHCS) Receivables Turnover : 3.70 (As of Jun. 2023)

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What is Technicolor Creative Studios 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. Technicolor Creative Studios's Revenue for the six months ended in Jun. 2023 was €303.0 Mil. Technicolor Creative Studios's average Accounts Receivable for the six months ended in Jun. 2023 was €82.0 Mil. Hence, Technicolor Creative Studios's Receivables Turnover for the six months ended in Jun. 2023 was 3.70.

Technicolor Creative Studios Receivables Turnover Historical Data

The historical data trend for Technicolor Creative Studios'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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Technicolor Creative Studios Receivables Turnover Chart

Technicolor Creative Studios Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

10.86

6.84

10.02

9.68

Technicolor Creative Studios Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial			4.68	5.30	5.49	4.05	3.70

Competitive Comparison of Technicolor Creative Studios's Receivables Turnover

For the Entertainment subindustry, Technicolor Creative Studios'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.

Technicolor Creative Studios's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Technicolor Creative Studios's Receivables Turnover falls into.

Technicolor Creative Studios Receivables Turnover Calculation

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

Technicolor Creative Studios's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	784	/ (	(63	+	99)	/	2 )
=	784	/	81
=	9.68

Technicolor Creative Studios's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	303	/ (	(99	+	65)	/	2 )
=	303	/	82
=	3.70

Technicolor Creative Studios (XPAR:TCHCS) 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.

Technicolor Creative Studios Receivables Turnover Related Terms

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Technicolor Creative Studios (XPAR:TCHCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Technicolor Creative Studios (XPAR:TCHCS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

Z6M0:Germany

Address

8-10 rue du Renard, Paris, FRA, 75004

Website

https://www.technicolorcreative.com

Technicolor Creative Studios is an independent provider of creative visual arts services. The group specializes in VFX and through its award-winning teams of artists and technologists partners with the creative community across Feature Film, Episodic, Animation, Brand Experience & Advertising, and Gaming to bring the universal art of visual storytelling to audiences everywhere.

Technicolor Creative Studios (XPAR:TCHCS) Headlines

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