GURUFOCUS.COM » STOCK LIST » Technology » Software » Pareteum Corp (STU:7ET1) » Definitions » Receivables Turnover

Pareteum (STU:7ET1) Receivables Turnover : 1.30 (As of Mar. 2021)


View and export this data going back to 2013. Start your Free Trial

What is Pareteum 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. Pareteum's Revenue for the three months ended in Mar. 2021 was €12.99 Mil. Pareteum's average Accounts Receivable for the three months ended in Mar. 2021 was €9.97 Mil. Hence, Pareteum's Receivables Turnover for the three months ended in Mar. 2021 was 1.30.


Pareteum Receivables Turnover Historical Data

The historical data trend for Pareteum'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.

Pareteum Receivables Turnover Chart

Pareteum Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 9.86 7.62 10.73 6.73

Pareteum Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 2.09 1.52 1.46 1.41 1.30

Competitive Comparison of Pareteum's Receivables Turnover

For the Software - Application subindustry, Pareteum'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.


Pareteum's Receivables Turnover Distribution in the Software Industry

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

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



Pareteum Receivables Turnover Calculation

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

Pareteum's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=57.242 / ((7.476 + 9.542) / 2 )
=57.242 / 8.509
=6.73

Pareteum's Receivables Turnover for the quarter that ended in Mar. 2021 is calculated as

Receivables Turnover (Q: Mar. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Mar. 2021 )) / count )
=12.991 / ((9.542 + 10.398) / 2 )
=12.991 / 9.97
=1.30

* 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.


Pareteum  (STU:7ET1) 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.


Pareteum Receivables Turnover Related Terms

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


Pareteum (STU:7ET1) Business Description

Traded in Other Exchanges
N/A
Address
1185 Avenue of the Americas, 2nd floor, New York, NY, USA, 10036
Pareteum Corp is a cloud software communications platform company. It provides services to enterprises, communications service providers, early-stage innovators, developers, Internet-of-Things (IoT), and telecommunications infrastructure providers. The firm provides mobility services, engagement. intelligence and control services.

Pareteum (STU:7ET1) Headlines

No Headlines