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EuropaCorp (LTS:0IB7) Receivables Turnover : 0.98 (As of Sep. 2023)


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What is EuropaCorp 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. EuropaCorp's Revenue for the six months ended in Sep. 2023 was €13.37 Mil. EuropaCorp's average Accounts Receivable for the six months ended in Sep. 2023 was €13.69 Mil. Hence, EuropaCorp's Receivables Turnover for the six months ended in Sep. 2023 was 0.98.


EuropaCorp Receivables Turnover Historical Data

The historical data trend for EuropaCorp'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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EuropaCorp Receivables Turnover Chart

EuropaCorp 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 3.54 2.91 2.41 3.15 3.22

EuropaCorp Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.39 2.09 2.34 2.44 0.98

Competitive Comparison of EuropaCorp's Receivables Turnover

For the Entertainment subindustry, EuropaCorp'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.


EuropaCorp's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, EuropaCorp's Receivables Turnover distribution charts can be found below:

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



EuropaCorp Receivables Turnover Calculation

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

EuropaCorp'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 )
=37.488 / ((7.32 + 15.989) / 2 )
=37.488 / 11.6545
=3.22

EuropaCorp's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=13.367 / ((15.989 + 11.396) / 2 )
=13.367 / 13.6925
=0.98

* 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.


EuropaCorp  (LTS:0IB7) 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.


EuropaCorp Receivables Turnover Related Terms

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EuropaCorp (LTS:0IB7) Business Description

Traded in Other Exchanges
Address
20 rue Ampere, La Cite du Cinema, Saint-Denis, Paris, FRA, 93200
EuropaCorp SA is engaged in producing and distributing feature films. The company's operating segment include Production and distribution of films, Production and distribution of TV films and series, Events and Others. It generates maximum revenue from the Production and distribution of films segment. The Production and Distribution of films segment include all operations involving films namely distribution to theaters, video release, TV sales, international sales, licensing and partnerships, line production, income from coproduction, and others.

EuropaCorp (LTS:0IB7) Headlines

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