Rocket Internet SE (Rocket Internet SE) Receivables Turnover : 20.99 (As of Dec. 2020)

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What is Rocket Internet SE 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. Rocket Internet SE's Revenue for the six months ended in Dec. 2020 was $76.0 Mil. Rocket Internet SE's average Accounts Receivable for the six months ended in Dec. 2020 was $3.6 Mil. Hence, Rocket Internet SE's Receivables Turnover for the six months ended in Dec. 2020 was 20.99.

Rocket Internet SE Receivables Turnover Historical Data

The historical data trend for Rocket Internet SE'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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Rocket Internet SE Receivables Turnover Chart

Rocket Internet SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

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6.04

9.55

16.05

30.36

23.49

Rocket Internet SE Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Dec21
Receivables Turnover	Get a 7-Day Free Trial												7.24	7.37	11.56	20.99	-

Competitive Comparison of Rocket Internet SE's Receivables Turnover

For the Software - Application subindustry, Rocket Internet SE'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.

Rocket Internet SE's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Rocket Internet SE's Receivables Turnover falls into.

Rocket Internet SE Receivables Turnover Calculation

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

Rocket Internet SE's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	132.994	/ (	(3.528	+	7.797)	/	2 )
=	132.994	/	5.6625
=	23.49

Rocket Internet SE's Receivables Turnover for the quarter that ended in Dec. 2020 is calculated as

	Receivables Turnover (Q: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2020 )	/ (	(Accounts Receivable (Q: Jun. 2020 )	+	Accounts Receivable (Q: Dec. 2020 ))	/	count )
=	76.034	/ (	(3.716	+	3.528)	/	2 )
=	76.034	/	3.622
=	20.99

Rocket Internet SE (OTCPK:RCKZF) 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.

Rocket Internet SE Receivables Turnover Related Terms

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Rocket Internet SE (Rocket Internet SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rocket Internet SE (OTCPK:RCKZF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Charlottenstrasse 4, Berlin, DEU, 10969

Website

https://www.rocket-internet.com

Rocket Internet SE is a Germany-based company which provides software solutions. The company identifies internet and mobile business models and builds these either independently or invests in already existing companies. The company targets mainly new, underserved or untapped markets, in which new companies will be scaled to market leadership positions. It is focused on online business models to satisfy consumer needs across eCommerce, marketplace and financial technology sectors. Rocket Internet has flexible and scalable technology platform, which enables realizing several new projects per year in its five target regions Europe, Africa and Middle-East, Asia-Pacific, Russia and Commonwealth of the Independent States and Latin America.

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