Delice Holding (XTUN:DH) Receivables Turnover: 32.15 (As of Dec. 2021)

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XTUN:DH Delice Holding SA XTUN:DH
26 GF Score
Price TND19.45
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What is Delice Holding Receivables Turnover?

Delice Holding XTUN:DH 26 Receivables Turnover is 32.15 as of Dec. 2021. GuruFocus rates XTUN:DH with a GF Score™ of 26/100.

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. Delice Holding's Revenue for the six months ended in Dec. 2021 was TND1,027 Mil. Delice Holding's average Accounts Receivable for the six months ended in Dec. 2021 was TND32 Mil. Hence, Delice Holding's Receivables Turnover for the six months ended in Dec. 2021 was 32.15.


Delice Holding  (XTUN:DH) 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.


Delice Holding Receivables Turnover Related Terms


Delice Holding Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Delice Holding'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.

Delice Holding Receivables Turnover Chart

Delice Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 43.67 33.11 29.91 32.91 32.15

Delice Holding Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 43.67 33.11 29.91 32.91 32.15

XTUN:DH vs KHC, GIS, HRL: Receivables Turnover Comparison

For the Packaged Foods subindustry, Delice Holding'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.


Delice Holding Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Delice Holding's Receivables Turnover distribution charts can be found below:

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


XTUN:DH
26GF Score
Delice Holding SA XTUN:DH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Delice Holding Receivables Turnover Calculation

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

Delice Holding's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=1026.837 / ((28.804 + 35.069) / 2 )
=1026.837 / 31.9365
=32.15

Delice Holding's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=1026.837 / ((28.804 + 35.069) / 2 )
=1026.837 / 31.9365
=32.15

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 32.15 mean?
Delice Holding (XTUN:DH) has a Receivables Turnover of 32.15 as of Dec. 2021. The accounts 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. View historical data on Delice Holding and its competitors.
Is Delice Holding's Receivables Turnover too high?
Delice Holding's current Receivables Turnover is 32.15. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Delice Holding's value of 32.15 is 244.6% above this industry median. Overall, Delice Holding has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Delice Holding's Receivables Turnover compare to KHC and GIS?
Delice Holding's Receivables Turnover of 32.15 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.33. Delice Holding's value of 32.15 is 244.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,944 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delice Holding's current Receivables Turnover of 32.15 is 244.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Delice Holding and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delice Holding's current Receivables Turnover is 32.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delice Holding stock overvalued right now?
Delice Holding (XTUN:DH) has a current Receivables Turnover of 32.15. The current Receivables Turnover is 32.15 and 244.6% above the Consumer Packaged Goods industry median of 9.33. Delice Holding's overall GF Score™ is 26/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Delice Holding (XTUN:DH), the current Receivables Turnover is 32.15 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Delice Holding Business Description

Address Immeuble le Dome, Rue Lac Leman, les Berges du Lac, Tunis, TUN, 1053
Delice Holding SA through its subsidiaries is engaged in manufacturing, packaging and marketing of milk and milk products except yoghurt and drinks. It also processes milk and its derivatives and sells other food products.
26GF Score

Get the complete analysis for XTUN:DH

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TND19.45
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