Entersoft (ATH:ENTER) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Entersoft 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. Entersoft's Revenue for the six months ended in Dec. 2023 was €0.00 Mil. Entersoft's average Accounts Receivable for the six months ended in Dec. 2023 was €11.09 Mil.

Entersoft Receivables Turnover Historical Data

The historical data trend for Entersoft'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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Entersoft Receivables Turnover Chart

Entersoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.56

2.84

3.08

3.80

Entersoft Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial													1.37	1.61	-	-	-

Competitive Comparison of Entersoft's Receivables Turnover

For the Software - Application subindustry, Entersoft'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.

Entersoft's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Entersoft's Receivables Turnover distribution charts can be found below:

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

Entersoft Receivables Turnover Calculation

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

Entersoft'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 )
=	37.842	/ (	(9.475	+	10.452)	/	2 )
=	37.842	/	9.9635
=	3.80

Entersoft'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 )
=	0	/ (	(11.729	+	10.452)	/	2 )
=	0	/	11.0905
=	N/A

Entersoft (ATH:ENTER) 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.

Entersoft Receivables Turnover Related Terms

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Entersoft (ATH:ENTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Entersoft SA (ATH:ENTER) » Definitions » Receivables Turnover

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Traded in Other Exchanges

2AO:Germany

Address

362 Syggrou Avenue, Kallithea, Athens, GRC, 17674

Website

https://www.entersoft.gr

Entersoft SA is a provider of enterprise application software for small and medium-sized businesses and departments of large enterprises. The company's products include Entersoft Business Suite, Entersoft Expert, Entersoft CRM, Entersoft Retail, Entersoft WMS, Entersoft Mobile CRM / SFA, Entersoft Mobile field service, Entersoft Mobile xVan and Entersoft Pocketbiz Its operates through the below segment: Software sales and software support services, and, Provision of services through the internet.

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