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Estoril-Sol SGPS (XLIS:ESON) Receivables Turnover : 165.43 (As of Dec. 2023)


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What is Estoril-Sol SGPS 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. Estoril-Sol SGPS's Revenue for the six months ended in Dec. 2023 was €61.2 Mil. Estoril-Sol SGPS's average Accounts Receivable for the six months ended in Dec. 2023 was €0.4 Mil. Hence, Estoril-Sol SGPS's Receivables Turnover for the six months ended in Dec. 2023 was 165.43.


Estoril-Sol SGPS Receivables Turnover Historical Data

The historical data trend for Estoril-Sol SGPS'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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Estoril-Sol SGPS Receivables Turnover Chart

Estoril-Sol SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.34 168.46 172.75 216.23 223.28

Estoril-Sol SGPS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 151.37 98.63 117.75 135.10 165.43

Competitive Comparison of Estoril-Sol SGPS's Receivables Turnover

For the Resorts & Casinos subindustry, Estoril-Sol SGPS'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.


Estoril-Sol SGPS's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Estoril-Sol SGPS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Estoril-Sol SGPS's Receivables Turnover falls into.



Estoril-Sol SGPS Receivables Turnover Calculation

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

Estoril-Sol SGPS's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=121.128 / ((0.616 + 0.469) / 2 )
=121.128 / 0.5425
=223.28

Estoril-Sol SGPS'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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=61.209 / ((0.271 + 0.469) / 2 )
=61.209 / 0.37
=165.43

* 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.


Estoril-Sol SGPS  (XLIS:ESON) 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.


Estoril-Sol SGPS Receivables Turnover Related Terms

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Estoril-Sol SGPS (XLIS:ESON) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Stanley Ho Avenue, Casino Estoril Building, Cascais, Estoril, PRT, 2765-190
Estoril-Sol SGPS SA operates a gambling concession, on an exclusive basis in the Estoril permanent area, including other related trade and industries. The company's segments include Estoril Game Zone; Povoa Game Zone; Online Casino and others. It generates maximum revenue from the Estoril Game Zone segment.

Estoril-Sol SGPS (XLIS:ESON) Headlines

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