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Whats Cooking Group NV/SA (XBRU:WHATS) Receivables Turnover : 4.12 (As of Jun. 2023)


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What is Whats Cooking Group NV/SA 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. Whats Cooking Group NV/SA's Revenue for the six months ended in Jun. 2023 was €412.6 Mil. Whats Cooking Group NV/SA's average Accounts Receivable for the six months ended in Jun. 2023 was €100.1 Mil. Hence, Whats Cooking Group NV/SA's Receivables Turnover for the six months ended in Jun. 2023 was 4.12.


Whats Cooking Group NV/SA Receivables Turnover Historical Data

The historical data trend for Whats Cooking Group NV/SA'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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Whats Cooking Group NV/SA Receivables Turnover Chart

Whats Cooking Group NV/SA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.82 7.18 7.50 8.00 8.40

Whats Cooking Group NV/SA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 3.92 4.09 3.92 4.04 4.12

Competitive Comparison of Whats Cooking Group NV/SA's Receivables Turnover

For the Packaged Foods subindustry, Whats Cooking Group NV/SA'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.


Whats Cooking Group NV/SA's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Whats Cooking Group NV/SA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Whats Cooking Group NV/SA's Receivables Turnover falls into.



Whats Cooking Group NV/SA Receivables Turnover Calculation

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

Whats Cooking Group NV/SA's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=781.385 / ((86.784 + 99.35) / 2 )
=781.385 / 93.067
=8.40

Whats Cooking Group NV/SA'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: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=412.579 / ((99.35 + 100.842) / 2 )
=412.579 / 100.096
=4.12

* 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.


Whats Cooking Group NV/SA  (XBRU:WHATS) 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.


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Whats Cooking Group NV/SA (XBRU:WHATS) Business Description

Traded in Other Exchanges
Address
Beke 1, East Flanders, Lievegem, BEL, 9950
Whats Cooking Group NV/SA is a fresh savoury food group. It commercializes in Europe and beyond a wide range of high-quality and innovative savoury cold cuts and ready meal food products and related services.

Whats Cooking Group NV/SA (XBRU:WHATS) Headlines

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