Stellantis NV (MIL:STLAM) Receivables Turnover : 12.14 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Stellantis NV 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. Stellantis NV's Revenue for the six months ended in Dec. 2023 was €91,176 Mil. Stellantis NV's average Accounts Receivable for the six months ended in Dec. 2023 was €7,510 Mil. Hence, Stellantis NV's Receivables Turnover for the six months ended in Dec. 2023 was 12.14.

Stellantis NV Receivables Turnover Historical Data

The historical data trend for Stellantis NV'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.

Stellantis NV Receivables Turnover Chart

Stellantis NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

28.69

13.64

37.73

45.32

33.39

Stellantis NV 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	Get a 7-Day Free Trial															25.12	23.81	19.65	14.55	12.14

Competitive Comparison of Stellantis NV's Receivables Turnover

For the Auto Manufacturers subindustry, Stellantis NV'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.

Stellantis NV's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stellantis NV's Receivables Turnover distribution charts can be found below:

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

Stellantis NV Receivables Turnover Calculation

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

Stellantis NV'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 )
=	189544	/ (	(4928	+	6426)	/	2 )
=	189544	/	5677
=	33.39

Stellantis NV'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 )
=	91176	/ (	(8594	+	6426)	/	2 )
=	91176	/	7510
=	12.14

Stellantis NV (MIL:STLAM) 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.

Stellantis NV Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Stellantis NV's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Stellantis NV (MIL:STLAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stellantis NV (MIL:STLAM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

STLA:USA STLAMm:UK 0QXR:UK STLAP:France 8TI:Germany FCAU:Austria

Address

Taurusavenue 1, Hoofddorp, NH, NLD, 2132 LS

Website

https://www.stellantis.com

Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. The combination of the two companies created the world's fifth-largest automaker, with 14 automobile brands. In 2022, pro forma Stellantis had sales volume of 6.0 million vehicles and EUR 179.6 billion in revenue, albeit affected by the microchip shortage. Europe is Stellantis' largest market, accounting for 44% of 2022 global volume while North America and South America were 31% and 14%, respectively.

Stellantis NV (MIL:STLAM) Headlines

No Headlines