Jeronimo Martins SGPS (Jeronimo Martins SGPS) Receivables Turnover : 118.59 (As of Dec. 2023)

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What is Jeronimo Martins 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. Jeronimo Martins SGPS's Revenue for the three months ended in Dec. 2023 was $8,895 Mil. Jeronimo Martins SGPS's average Accounts Receivable for the three months ended in Dec. 2023 was $75 Mil. Hence, Jeronimo Martins SGPS's Receivables Turnover for the three months ended in Dec. 2023 was 118.59.

Jeronimo Martins SGPS Receivables Turnover Historical Data

The historical data trend for Jeronimo Martins 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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Jeronimo Martins SGPS Receivables Turnover Chart

Jeronimo Martins SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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300.62

379.69

425.03

417.98

449.75

Jeronimo Martins SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															114.55	113.12	127.05	117.59	118.59

Competitive Comparison of Jeronimo Martins SGPS's Receivables Turnover

For the Food Distribution subindustry, Jeronimo Martins 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.

Jeronimo Martins SGPS's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jeronimo Martins SGPS's Receivables Turnover falls into.

Jeronimo Martins SGPS Receivables Turnover Calculation

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

Jeronimo Martins 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 )
=	33378.408	/ (	(69.915	+	78.517)	/	2 )
=	33378.408	/	74.216
=	449.75

Jeronimo Martins 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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	8895.311	/ (	(71.505	+	78.517)	/	2 )
=	8895.311	/	75.011
=	118.59

Jeronimo Martins SGPS (OTCPK:JRONY) 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.

Jeronimo Martins SGPS Receivables Turnover Related Terms

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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jeronimo Martins SGPS SA (OTCPK:JRONY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

JRONF:USA JMT:Portugal JMT:Poland JMTu:UK 0EXG:UK JEM:Germany

Address

Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033

Website

https://www.jeronimomartins.com

Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (Jeronimo Martins SGPS) Headlines

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