Europris ASA (OSL:EPR) Receivables Turnover : 16.41 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Europris ASA 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. Europris ASA's Revenue for the three months ended in Dec. 2023 was kr2,983 Mil. Europris ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr182 Mil. Hence, Europris ASA's Receivables Turnover for the three months ended in Dec. 2023 was 16.41.

Europris ASA Receivables Turnover Historical Data

The historical data trend for Europris ASA'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.

Europris ASA Receivables Turnover Chart

Europris ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

33.50

42.06

41.72

41.47

43.33

Europris ASA 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															16.71	10.36	-	14.64	16.41

Competitive Comparison of Europris ASA's Receivables Turnover

For the Discount Stores subindustry, Europris ASA'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.

Europris ASA's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Receivables Turnover distribution charts can be found below:

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

Europris ASA Receivables Turnover Calculation

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

Europris ASA'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 )
=	9378.477	/ (	(215.175	+	217.671)	/	2 )
=	9378.477	/	216.423
=	43.33

Europris ASA'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 )
=	2983.362	/ (	(145.909	+	217.671)	/	2 )
=	2983.362	/	181.79
=	16.41

Europris ASA (OSL:EPR) 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.

Europris ASA Receivables Turnover Related Terms

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

Europris ASA (OSL:EPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Europris ASA (OSL:EPR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

EPRo:Sweden EPRo:UK 0RAI:UK 2RG:Germany

Address

Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661

Website

https://www.europris.no

Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.