GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Harboes Bryggeri A/S (LTS:0ENE) » Definitions » Receivables Turnover

Harboes Bryggeri A/S (LTS:0ENE) Receivables Turnover : 1.20 (As of Jan. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Harboes Bryggeri A/S 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. Harboes Bryggeri A/S's Revenue for the three months ended in Jan. 2024 was kr421 Mil. Harboes Bryggeri A/S's average Accounts Receivable for the three months ended in Jan. 2024 was kr350 Mil. Hence, Harboes Bryggeri A/S's Receivables Turnover for the three months ended in Jan. 2024 was 1.20.


Harboes Bryggeri A/S Receivables Turnover Historical Data

The historical data trend for Harboes Bryggeri A/S'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.

Harboes Bryggeri A/S Receivables Turnover Chart

Harboes Bryggeri A/S Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 6.05 7.19 6.95 6.23

Harboes Bryggeri A/S Quarterly Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Jul20 Oct20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.47 1.46 1.48 1.24 1.20

Competitive Comparison of Harboes Bryggeri A/S's Receivables Turnover

For the Beverages - Brewers subindustry, Harboes Bryggeri A/S'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.


Harboes Bryggeri A/S's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri A/S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri A/S's Receivables Turnover falls into.



Harboes Bryggeri A/S Receivables Turnover Calculation

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

Harboes Bryggeri A/S's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=1621.066 / ((224.658 + 295.508) / 2 )
=1621.066 / 260.083
=6.23

Harboes Bryggeri A/S's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=420.672 / ((363.389 + 337.069) / 2 )
=420.672 / 350.229
=1.20

* 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.


Harboes Bryggeri A/S  (LTS:0ENE) 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.


Harboes Bryggeri A/S Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Harboes Bryggeri A/S's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Harboes Bryggeri A/S (LTS:0ENE) Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skælskør, DNK, 4230
Harboes Bryggeri A/S is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri A/S (LTS:0ENE) Headlines

No Headlines