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Lenta IPJSC (Lenta IPJSC) Receivables Turnover : 32.38 (As of Jun. 2023)


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What is Lenta IPJSC 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. Lenta IPJSC's Revenue for the six months ended in Jun. 2023 was $3,169 Mil. Lenta IPJSC's average Accounts Receivable for the six months ended in Jun. 2023 was $98 Mil. Hence, Lenta IPJSC's Receivables Turnover for the six months ended in Jun. 2023 was 32.38.


Lenta IPJSC Receivables Turnover Historical Data

The historical data trend for Lenta IPJSC'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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Lenta IPJSC Receivables Turnover Chart

Lenta IPJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.54 52.60 76.49 71.43 77.84

Lenta IPJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 44.92 37.55 44.75 48.85 32.38

Competitive Comparison of Lenta IPJSC's Receivables Turnover

For the Department Stores subindustry, Lenta IPJSC'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.


Lenta IPJSC's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lenta IPJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lenta IPJSC's Receivables Turnover falls into.



Lenta IPJSC Receivables Turnover Calculation

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

Lenta IPJSC's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=6541.434 / ((82.784 + 85.285) / 2 )
=6541.434 / 84.0345
=77.84

Lenta IPJSC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=3168.508 / ((0 + 97.85) / 1 )
=3168.508 / 97.85
=32.38

* 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.


Lenta IPJSC  (OTCPK:LENTY) 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.


Lenta IPJSC Receivables Turnover Related Terms

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Lenta IPJSC (Lenta IPJSC) Business Description

Traded in Other Exchanges
Address
112B & 119 Savushkina Street, Saint Petersburg, RUS, 197374
Lenta IPJSC, formerly Lenta PLC operates a chain of retail stores in Russia. The company operates more than 200 hypermarkets in Russia. It also has more than 100 supermarkets in Moscow and St. Petersburg. Through its hypermarkets and supermarkets, it sells products varying from household goods, daily need products, food, and drinks. Revenues are generated by the sale of these products directly to the consumer.

Lenta IPJSC (Lenta IPJSC) Headlines

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