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Vivanco Gruppe AG (FRA:VG0K) Receivables Turnover : 2.88 (As of Jun. 2023)


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What is Vivanco Gruppe AG 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. Vivanco Gruppe AG's Revenue for the six months ended in Jun. 2023 was €18.23 Mil. Vivanco Gruppe AG's average Accounts Receivable for the six months ended in Jun. 2023 was €6.33 Mil. Hence, Vivanco Gruppe AG's Receivables Turnover for the six months ended in Jun. 2023 was 2.88.


Vivanco Gruppe AG Receivables Turnover Historical Data

The historical data trend for Vivanco Gruppe AG'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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Vivanco Gruppe AG Receivables Turnover Chart

Vivanco Gruppe AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 13.29 8.46 6.29 6.67

Vivanco Gruppe AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.89 4.38 3.13 3.88 2.88

Competitive Comparison of Vivanco Gruppe AG's Receivables Turnover

For the Consumer Electronics subindustry, Vivanco Gruppe AG'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.


Vivanco Gruppe AG's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vivanco Gruppe AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vivanco Gruppe AG's Receivables Turnover falls into.



Vivanco Gruppe AG Receivables Turnover Calculation

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

Vivanco Gruppe AG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=47.514 / ((7.655 + 6.592) / 2 )
=47.514 / 7.1235
=6.67

Vivanco Gruppe AG's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=18.233 / ((6.592 + 6.062) / 2 )
=18.233 / 6.327
=2.88

* 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.


Vivanco Gruppe AG  (FRA:VG0K) 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.


Vivanco Gruppe AG Receivables Turnover Related Terms

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Vivanco Gruppe AG (FRA:VG0K) Business Description

Traded in Other Exchanges
Address
Ewige Weide 15, Ahrensburg, SH, DEU, D-22926
Vivanco Gruppe AG is engaged in the purchase and marketing of accessory products and ranges for mobile and consumer electronics ("CE") accessory products with sale in stationary retail. Its products include Computer, Digital photo and camcorder, tablet accessories, quadrocopter, satellite, Headphone, speaker, keyboard, mobile accessories and notebook accessories, among others. Geographical presence in Germany, Austria, Spain/France, Poland, Switzerland and European countries. The company derives majority of its revenue from domestic market.

Vivanco Gruppe AG (FRA:VG0K) Headlines

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