Ryanair Holdings (Ryanair Holdings) Receivables Turnover : 37.65 (As of Dec. 2023)

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What is Ryanair Holdings 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. Ryanair Holdings's Revenue for the three months ended in Dec. 2023 was $2,943 Mil. Ryanair Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $78 Mil. Hence, Ryanair Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 37.65.

Ryanair Holdings Receivables Turnover Historical Data

The historical data trend for Ryanair Holdings'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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Ryanair Holdings Receivables Turnover Chart

Ryanair Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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125.82

132.37

40.26

150.96

206.33

Ryanair Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															55.64	41.40	37.66	76.85	37.65

Competitive Comparison of Ryanair Holdings's Receivables Turnover

For the Airlines subindustry, Ryanair Holdings'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.

Ryanair Holdings's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ryanair Holdings's Receivables Turnover distribution charts can be found below:

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

Ryanair Holdings Receivables Turnover Calculation

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

Ryanair Holdings'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 )
=	11536.617	/ (	(47.907	+	63.919)	/	2 )
=	11536.617	/	55.913
=	206.33

Ryanair Holdings'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 )
=	2942.966	/ (	(72.892	+	83.424)	/	2 )
=	2942.966	/	78.158
=	37.65

Ryanair Holdings (NAS:RYAAY) 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.

Ryanair Holdings Receivables Turnover Related Terms

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Ryanair Holdings (Ryanair Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ryanair Holdings PLC (NAS:RYAAY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

RYAOF:USA RYAAY:Mexico RYA:Ireland 0RYAl:UK 0RYA:UK RY4C:Germany RY4D:Germany RY4C:Germany RY4D:Germany RY4C:Germany R1YA34:Brazil

Address

Airside Business Park, Swords, Dublin, IRL, K67 NY94

Website

https://www.ryanair.com

Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.