Lagardere (LTS:0HB2) Receivables Turnover

: 4.26 (As of Dec. 2023)

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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. Lagardere's Revenue for the six months ended in Dec. 2023 was €4,430 Mil. Lagardere's average Accounts Receivable for the six months ended in Dec. 2023 was €1,041 Mil. Hence, Lagardere's Receivables Turnover for the six months ended in Dec. 2023 was 4.26.

Lagardere Receivables Turnover Historical Data

The historical data trend for Lagardere'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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Lagardere Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

5.72

3.94

4.65

6.52

7.65

Lagardere Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover																3.00	3.02	4.06	3.63	4.26

Competitive Comparison

For the Travel Services subindustry, Lagardere'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.

Lagardere Receivables Turnover Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Lagardere's Receivables Turnover distribution charts can be found below:

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

Lagardere Receivables Turnover Calculation

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

Lagardere'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 )
=	8131	/ (	(1042	+	1083)	/	2 )
=	8131	/	1062.5
=	7.65

Lagardere'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	4430	/ (	(998	+	1083)	/	2 )
=	4430	/	1040.5
=	4.26

Lagardere (LTS:0HB2) 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.

Lagardere Receivables Turnover Related Terms

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Lagardere (LTS:0HB2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lagardere SA (LTS:0HB2) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LGDDF:USA MMB:France LAG:Germany

Address

4, rue de Presbourg, Paris, FRA, 75016

Website

https://www.lagardere.com

Lagardere SA is in the business of content publishing, production, broadcasting, and distribution. It is also engaged in the travel retail business with various brands such as Relay and Aelia Duty-Free, and other selective distribution brands. The company operates through divisions: Lagardere Publishing, Lagardere Travel Retail, and others.

Lagardere (LTS:0HB2) Headlines

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