Colruyt Group NV (Colruyt Group NV) Receivables Turnover : 10.29 (As of Sep. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Colruyt Group NV 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. Colruyt Group NV's Revenue for the six months ended in Sep. 2023 was $5,850 Mil. Colruyt Group NV's average Accounts Receivable for the six months ended in Sep. 2023 was $569 Mil. Hence, Colruyt Group NV's Receivables Turnover for the six months ended in Sep. 2023 was 10.29.

Colruyt Group NV Receivables Turnover Historical Data

The historical data trend for Colruyt Group NV'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.

Colruyt Group NV Receivables Turnover Chart

Colruyt Group NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

17.54

17.85

19.24

15.56

17.21

Colruyt Group NV 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															9.08	7.19	7.10	9.10	10.29

Competitive Comparison of Colruyt Group NV's Receivables Turnover

For the Grocery Stores subindustry, Colruyt Group NV'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.

Colruyt Group NV's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Colruyt Group NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Colruyt Group NV's Receivables Turnover falls into.

Colruyt Group NV Receivables Turnover Calculation

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

Colruyt Group NV'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 )
=	10635.546	/ (	(663.546	+	572.484)	/	2 )
=	10635.546	/	618.015
=	17.21

Colruyt Group NV'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 )
=	5850.374	/ (	(572.484	+	565.101)	/	2 )
=	5850.374	/	568.7925
=	10.29

Colruyt Group NV (OTCPK:CUYTY) 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.

Colruyt Group NV Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Colruyt Group NV's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Colruyt Group NV (Colruyt Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (OTCPK:CUYTY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CUYTF:USA 0N4Y:UK EFC1:Germany COLR:Belgium

Address

Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500

Website

https://www.colruytgroup.com

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV (Colruyt Group NV) Headlines

From GuruFocus

Colruyt Group NV's Dividend Analysis

By GuruFocus Research • 12-19-2023

Spanish Investor Francisco Parames' Five New First-Quarter Stocks

By Holly LaFon Holly LaFon • 04-30-2014

Unraveling Colruyt NV's Dividend Performance: A Deep Dive

By GuruFocus Research • 09-29-2023