Endurance Motive (XMAD:END) Receivables Turnover : 4.78 (As of Dec. 2020)

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What is Endurance Motive 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. Endurance Motive's Revenue for the six months ended in Dec. 2020 was €2.26 Mil. Endurance Motive's average Accounts Receivable for the six months ended in Dec. 2020 was €0.47 Mil. Hence, Endurance Motive's Receivables Turnover for the six months ended in Dec. 2020 was 4.78.

Endurance Motive Receivables Turnover Historical Data

The historical data trend for Endurance Motive'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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Endurance Motive Receivables Turnover Chart

Endurance Motive Annual Data

Trend

Dec18

Dec19

Dec20

Receivables Turnover

0.85

4.37

4.78

Endurance Motive Semi-Annual Data
	Dec18	Dec19	Dec20
Receivables Turnover	0.85	4.37	4.78

Competitive Comparison of Endurance Motive's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Endurance Motive'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.

Endurance Motive's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Endurance Motive's Receivables Turnover distribution charts can be found below:

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

Endurance Motive Receivables Turnover Calculation

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

Endurance Motive'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 )
=	2.262	/ (	(0.132	+	0.814)	/	2 )
=	2.262	/	0.473
=	4.78

Endurance Motive'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: Dec. 2019 )	+	Accounts Receivable (Q: Dec. 2020 ))	/	count )
=	2.262	/ (	(0.132	+	0.814)	/	2 )
=	2.262	/	0.473
=	4.78

Endurance Motive (XMAD:END) 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.

Endurance Motive Receivables Turnover Related Terms

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Endurance Motive (XMAD:END) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Endurance Motive SA (XMAD:END) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carrer de la Bernia 1, Canet den Berenguer, Valencia, ESP, 46529

Website

https://www.endurancemotive.eu

Endurance Motive SA designs and assembles lithium batteries for electromobility. It offers complete solutions for the implementation of lithium-based storage technology for industrial traction equipment, naval sector and public transport vehicles.

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