Puma SE (FRA:PUM) Receivables Turnover : 1.54 (As of Dec. 2023)

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What is Puma SE 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. Puma SE's Revenue for the three months ended in Dec. 2023 was €1,982 Mil. Puma SE's average Accounts Receivable for the three months ended in Dec. 2023 was €1,288 Mil. Hence, Puma SE's Receivables Turnover for the three months ended in Dec. 2023 was 1.54.

Puma SE Receivables Turnover Historical Data

The historical data trend for Puma SE'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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Puma SE Receivables Turnover Chart

Puma SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.44

8.49

9.27

8.85

7.88

Puma SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.87	1.87	1.62	1.65	1.54

Competitive Comparison of Puma SE's Receivables Turnover

For the Footwear & Accessories subindustry, Puma SE'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.

Puma SE's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Receivables Turnover distribution charts can be found below:

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

Puma SE Receivables Turnover Calculation

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

Puma SE's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	8601.7	/ (	(1064.9	+	1118.4)	/	2 )
=	8601.7	/	1091.65
=	7.88

Puma SE's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1982.2	/ (	(1457.3	+	1118.4)	/	2 )
=	1982.2	/	1287.85
=	1.54

Puma SE (FRA:PUM) 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.

Puma SE Receivables Turnover Related Terms

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Puma SE (FRA:PUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Puma SE (FRA:PUM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PUMSY:USA PMMAF:USA PUMd:UK 0NQE:UK PUMA:Germany PUMA:Germany PUM:Germany PUM:Germany PUM:Germany PUM:Austria

Address

Puma Way 1, Herzogenaurach, BY, DEU, 91074

Website

https://www.puma.com

Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (51% of 2022 sales) is its largest category, followed by apparel (34%) and accessories (15%). Puma also licenses its name for fragrances, eyewear, and watches. Most (77% in 2022) of its sales are through wholesale partners, with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (36.8% of 2022 sales), the Americas (43.5%), and Asia-Pacific (19.7%).

Executives

Bjørn Gulden

Board of Directors

Puma SE (FRA:PUM) Headlines

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