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Burberry Group (Burberry Group) Receivables Turnover : 7.96 (As of Sep. 2023)


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What is Burberry 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. Burberry Group's Revenue for the six months ended in Sep. 2023 was $1,728 Mil. Burberry Group's average Accounts Receivable for the six months ended in Sep. 2023 was $217 Mil. Hence, Burberry Group's Receivables Turnover for the six months ended in Sep. 2023 was 7.96.


Burberry Group Receivables Turnover Historical Data

The historical data trend for Burberry 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.

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Burberry Group Receivables Turnover Chart

Burberry Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.32 22.46 19.33 18.92 18.56

Burberry Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.28 10.94 7.40 9.72 7.96

Competitive Comparison of Burberry Group's Receivables Turnover

For the Luxury Goods subindustry, Burberry 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.


Burberry Group's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Burberry Group's Receivables Turnover distribution charts can be found below:

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



Burberry Group Receivables Turnover Calculation

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

Burberry Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=3754.854 / ((189.723 + 214.806) / 2 )
=3754.854 / 202.2645
=18.56

Burberry Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1727.723 / ((214.806 + 219.059) / 2 )
=1727.723 / 216.9325
=7.96

* 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.


Burberry Group  (OTCPK:BURBY) 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.


Burberry Group Receivables Turnover Related Terms

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Burberry Group (Burberry Group) Business Description

Traded in Other Exchanges
Address
Horseferry Road, Horseferry House, London, GBR, SW1P 2AW
Burberry, a British luxury monobrand, which is more than 160 years old, is best known for its outerwear and signature plaid. It has a global presence with 32% of revenue generated in Europe, 42% in Asia, and 25% in North America. Apparel contributes about 62% of sales.

Burberry Group (Burberry Group) Headlines

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