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Edreams Odigeo (Edreams Odigeo) Receivables Turnover : 10.04 (As of Dec. 2023)


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What is Edreams Odigeo 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. Edreams Odigeo's Revenue for the three months ended in Dec. 2023 was $160.5 Mil. Edreams Odigeo's average Accounts Receivable for the three months ended in Dec. 2023 was $16.0 Mil. Hence, Edreams Odigeo's Receivables Turnover for the three months ended in Dec. 2023 was 10.04.


Edreams Odigeo Receivables Turnover Historical Data

The historical data trend for Edreams Odigeo'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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Edreams Odigeo Receivables Turnover Chart

Edreams Odigeo Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.14 21.29 6.61 30.39 29.91

Edreams Odigeo 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 8.27 7.54 8.54 10.72 10.04

Competitive Comparison of Edreams Odigeo's Receivables Turnover

For the Travel Services subindustry, Edreams Odigeo'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.


Edreams Odigeo's Receivables Turnover Distribution in the Travel & Leisure Industry

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

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



Edreams Odigeo Receivables Turnover Calculation

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

Edreams Odigeo's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=629.291 / ((17.487 + 24.595) / 2 )
=629.291 / 21.041
=29.91

Edreams Odigeo'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 )
=160.49 / ((16.334 + 15.637) / 2 )
=160.49 / 15.9855
=10.04

* 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.


Edreams Odigeo  (GREY:EDEMY) 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.


Edreams Odigeo Receivables Turnover Related Terms

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Edreams Odigeo (Edreams Odigeo) Business Description

Traded in Other Exchanges
Address
Lopez de Hoyos 35, Madrid, ESP
Edreams Odigeo SA is an online travel company that uses innovative technology and builds on relationships with suppliers, product know-how and marketing expertise to attract and enable customers to search, plan and book a broad range of travel products and services. Its travel solutions content includes flights, hotels, dynamic packages (flight plus hotel), trains, car rentals, and ancillaries (such as seats, bags, insurance), is sourced from a wide range of suppliers which include airlines, hotels, GDS', aggregators, white label partners, car rental suppliers, train operators, and insurance providers. The company's segments include France; Southern Europe (Spain + Italy); and Northern Europe (Germany + Nordics + UK).

Edreams Odigeo (Edreams Odigeo) Headlines

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