Groupe Partouche (STU:PZ21) Receivables Turnover

: 30.19 (As of Oct. 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. Groupe Partouche's Revenue for the six months ended in Oct. 2023 was €208.2 Mil. Groupe Partouche's average Accounts Receivable for the six months ended in Oct. 2023 was €6.9 Mil. Hence, Groupe Partouche's Receivables Turnover for the six months ended in Oct. 2023 was 30.19.

Groupe Partouche Receivables Turnover Historical Data

The historical data trend for Groupe Partouche'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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Groupe Partouche Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Receivables Turnover

26.82

18.70

15.57

35.55

64.24

Groupe Partouche Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Receivables Turnover																13.99	17.73	34.53	33.10	30.19

Competitive Comparison

For the Resorts & Casinos subindustry, Groupe Partouche'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.

Groupe Partouche Receivables Turnover Distribution

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

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

Groupe Partouche Receivables Turnover Calculation

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

Groupe Partouche's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Receivables Turnover (A: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2023 )	/ (	(Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )
=	423.812	/ (	(6.214	+	6.981)	/	2 )
=	423.812	/	6.5975
=	64.24

Groupe Partouche's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

	Receivables Turnover (Q: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2023 )	/ (	(Accounts Receivable (Q: Apr. 2023 )	+	Accounts Receivable (Q: Oct. 2023 ))	/	count )
=	208.2	/ (	(6.813	+	6.981)	/	2 )
=	208.2	/	6.897
=	30.19

Groupe Partouche (STU:PZ21) 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.

Groupe Partouche Receivables Turnover Related Terms

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Groupe Partouche (STU:PZ21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Groupe Partouche (STU:PZ21) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PARP:France PZ21:Germany

Address

141 bis, Rue de Saussure, Paris, FRA, 75017

Website

https://www.groupepartouche.com

Groupe Partouche is a France-based company that owns and operates casinos and Hotels. It conducts its activities in France, Belgium, and Switzerland. The games that the company provides include Boule, Texas Hold'em poker, and electronic roulette and slot machines. The company's segments are divided into Casinos, Hotels, and Other Activities. The Casino division, comprises gaming, catering, and entertainment, the Hotel division, comprises accommodation and hospitality services. The majority of the revenue is generated from the Casinos segment. The group also operates in the rest of Europe and at the international level.

Groupe Partouche (STU:PZ21) Headlines

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