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Vilkyskiu pienine AB (OVSE:VLP1L) Receivables Turnover : 3.60 (As of Dec. 2023)


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What is Vilkyskiu pienine AB 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. Vilkyskiu pienine AB's Revenue for the three months ended in Dec. 2023 was €56.7 Mil. Vilkyskiu pienine AB's average Accounts Receivable for the three months ended in Dec. 2023 was €15.7 Mil. Hence, Vilkyskiu pienine AB's Receivables Turnover for the three months ended in Dec. 2023 was 3.60.


Vilkyskiu pienine AB Receivables Turnover Historical Data

The historical data trend for Vilkyskiu pienine AB'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.

Vilkyskiu pienine AB Receivables Turnover Chart

Vilkyskiu pienine AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.70 16.08 17.26 19.00 14.69

Vilkyskiu pienine AB 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 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 3.37 3.75 3.28 3.06 3.60

Competitive Comparison of Vilkyskiu pienine AB's Receivables Turnover

For the Packaged Foods subindustry, Vilkyskiu pienine AB'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.


Vilkyskiu pienine AB's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vilkyskiu pienine AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vilkyskiu pienine AB's Receivables Turnover falls into.



Vilkyskiu pienine AB Receivables Turnover Calculation

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

Vilkyskiu pienine AB'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 )
=210.536 / ((14.064 + 14.596) / 2 )
=210.536 / 14.33
=14.69

Vilkyskiu pienine AB'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 )
=56.67 / ((16.87 + 14.596) / 2 )
=56.67 / 15.733
=3.60

* 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.


Vilkyskiu pienine AB  (OVSE:VLP1L) 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.


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Vilkyskiu pienine AB (OVSE:VLP1L) Business Description

Traded in Other Exchanges
Address
P. Lukosaicio street 14, Pagegiu savivaldybe, Vilkyskiai, LTU, 99254
Vilkyskiu pienine AB, through its subsidiaries, is engaged in milk processing and production of dairy products. It specializes in the production of cheese mozzarella, blue cheese, other cheese products and other fresh dairy products such as butter, yogurts, curd, sour cream and milk. The company's operating segments are Cheese, cheese products and other, Dry milk products and Fresh milk products. Most of the firm's revenue gets generated through Cheese, cheese products and other segment.

Vilkyskiu pienine AB (OVSE:VLP1L) Headlines

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