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


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What is Delice Holding 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. 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 Receivables Turnover Historical Data

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.

* Premium members only.

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

Competitive Comparison of Delice Holding's Receivables Turnover

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's Receivables Turnover Distribution in the 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.



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 Total Inventories
=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 Total Inventories
=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.


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

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Delice Holding (XTUN:DH) Business Description

Traded in Other Exchanges
N/A
Address
Immeuble le Dôme, Rue Lac Léman, 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.