Diageo (Diageo) Receivables Turnover : 3.08 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Diageo 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. Diageo's Revenue for the six months ended in Dec. 2023 was $10,962 Mil. Diageo's average Accounts Receivable for the six months ended in Dec. 2023 was $3,558 Mil. Hence, Diageo's Receivables Turnover for the six months ended in Dec. 2023 was 3.08.

Diageo Receivables Turnover Historical Data

The historical data trend for Diageo'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.

Diageo Receivables Turnover Chart

Diageo Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

5.86

6.29

8.09

7.31

8.38

Diageo 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															3.07	2.25	3.05	2.90	3.08

Competitive Comparison of Diageo's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Diageo'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.

Diageo's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Diageo's Receivables Turnover distribution charts can be found below:

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

Diageo Receivables Turnover Calculation

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

Diageo's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	21584.703	/ (	(2613.769	+	2536.483)	/	2 )
=	21584.703	/	2575.126
=	8.38

Diageo'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 )
=	10962	/ (	(2536.483	+	4580)	/	2 )
=	10962	/	3558.2415
=	3.08

Diageo (NYSE:DEO) 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.

Diageo Receivables Turnover Related Terms

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

Diageo (Diageo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Diageo PLC (NYSE:DEO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DGEAF:USA DEON:Mexico DGEl:UK DGED:UK DGE:UK GUI:Germany GUIA:Germany GUI:Germany GUI:Germany GUIA:Germany GUI:Germany DEOP34:Brazil DEO:Argentina

Address

16 Great Marlborough Street, London, GBR, W1F 7HS

Website

https://www.diageo.com

The product of a merger between Grand Metropolitan and Guinness in 1997, Diageo is one of the world's leading producers of branded premium spirits, approximately level with Kweichow Moutai in revenue terms. It also produces and markets beer and wine. Brands include Johnnie Walker blended scotch, Smirnoff vodka, Crown Royal Canadian whiskey, Captain Morgan rum, Casamigos tequila, Tanqueray gin, Baileys Irish Cream, and Guinness stout. Diageo also owns 34% of premium champagne and cognac maker Moet Hennessy, a subsidiary of French luxury-goods maker LVMH Moet Hennessy-Louis Vuitton, and a near-56% stake in India's United Spirits.