Vastned Retail NV (CHIX:VASTNA) Receivables Turnover : 3.89 (As of Dec. 2023)

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What is Vastned Retail 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. Vastned Retail NV's Revenue for the six months ended in Dec. 2023 was €36.92 Mil. Vastned Retail NV's average Accounts Receivable for the six months ended in Dec. 2023 was €9.49 Mil. Hence, Vastned Retail NV's Receivables Turnover for the six months ended in Dec. 2023 was 3.89.

Vastned Retail NV Receivables Turnover Historical Data

The historical data trend for Vastned Retail 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.

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Vastned Retail NV Receivables Turnover Chart

Vastned Retail NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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21.38

9.61

6.62

7.11

7.51

Vastned Retail NV 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															2.84	3.02	2.98	3.66	3.89

Competitive Comparison of Vastned Retail NV's Receivables Turnover

For the REIT - Retail subindustry, Vastned Retail 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.

Vastned Retail NV's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vastned Retail NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vastned Retail NV's Receivables Turnover falls into.

Vastned Retail NV Receivables Turnover Calculation

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

Vastned Retail NV'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 )
=	72.138	/ (	(9.738	+	9.463)	/	2 )
=	72.138	/	9.6005
=	7.51

Vastned Retail NV'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 )
=	36.918	/ (	(9.52	+	9.463)	/	2 )
=	36.918	/	9.4915
=	3.89

Vastned Retail NV (CHIX:VASTNa) 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.

Vastned Retail NV Receivables Turnover Related Terms

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Vastned Retail NV (CHIX:VASTNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vastned Retail NV (CHIX:VASTNa) » Definitions » Receivables Turnover

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VASTN:Netherlands 0LNJ:UK VB2:Germany

Address

Mercuriusplein 11, Hoofddorp, NH, NLD, 2132 HA

Website

https://www.vastned.com

Vastned Retail NV is a real estate company that focuses on retail properties, in shopping streets in old European towns. The company generates the majority of revenue from leasing properties to tenants, which include fashion and accessory chain stores, dining venues, and general retailers. The company operates through segments based on geography: Netherlands, France, Belgium, Spain. Vastned Retail generates the majority of its rental revenue from the Netherlands, France, and Belgium segments.

Vastned Retail NV (CHIX:VASTNA) Headlines

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