AS Ekspress Grupp (FRA:DYC) Receivables Turnover : 1.54 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is AS Ekspress Grupp 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. AS Ekspress Grupp's Revenue for the three months ended in Mar. 2024 was €16.22 Mil. AS Ekspress Grupp's average Accounts Receivable for the three months ended in Mar. 2024 was €10.52 Mil. Hence, AS Ekspress Grupp's Receivables Turnover for the three months ended in Mar. 2024 was 1.54.

AS Ekspress Grupp Receivables Turnover Historical Data

The historical data trend for AS Ekspress Grupp'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.

AS Ekspress Grupp Receivables Turnover Chart

AS Ekspress Grupp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

7.65

5.21

7.33

8.71

9.14

AS Ekspress Grupp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.69	1.26	1.15	2.16	1.54

Competitive Comparison of AS Ekspress Grupp's Receivables Turnover

For the Advertising Agencies subindustry, AS Ekspress Grupp'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.

AS Ekspress Grupp's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AS Ekspress Grupp's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AS Ekspress Grupp's Receivables Turnover falls into.

AS Ekspress Grupp Receivables Turnover Calculation

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

AS Ekspress Grupp'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 )
=	73.086	/ (	(7.713	+	8.275)	/	2 )
=	73.086	/	7.994
=	9.14

AS Ekspress Grupp's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	16.22	/ (	(8.275	+	12.772)	/	2 )
=	16.22	/	10.5235
=	1.54

AS Ekspress Grupp (FRA:DYC) 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.

AS Ekspress Grupp Receivables Turnover Related Terms

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

AS Ekspress Grupp (FRA:DYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AS Ekspress Grupp (FRA:DYC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

EEG1T:Estonia

Address

Narva maantee 13, Tallinn, EST, 10151

Website

https://www.egrupp.ee

AS Ekspress Grupp is a media company whose key activities include web media content production as well as the publishing of newspapers, magazines, and books. The business activities of the group function through the Media segment. The media segment comprises the operations of online news portals and classified portals, advertising sales in own portals in the Baltics and publishing of newspapers, magazines, customer and advertising fliers, publishing, and publication of books as well as the sale of digital outdoor advertising in Estonia and Latvia. The group also operates an electronic ticket sales platform and ticket offices and provides an outdoor screen service in Estonia and Latvia.

AS Ekspress Grupp (FRA:DYC) Headlines

No Headlines