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Airesis (XSWX:AIRE) Receivables Turnover : 3.21 (As of Jun. 2024)


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What is Airesis 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. Airesis's Revenue for the six months ended in Jun. 2024 was CHF79.4 Mil. Airesis's average Accounts Receivable for the six months ended in Jun. 2024 was CHF24.8 Mil. Hence, Airesis's Receivables Turnover for the six months ended in Jun. 2024 was 3.21.


Airesis Receivables Turnover Historical Data

The historical data trend for Airesis'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.

Airesis Receivables Turnover Chart

Airesis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.94 2.92 5.26 4.62 4.29

Airesis Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.46 2.55 1.70 2.99 3.21

Competitive Comparison of Airesis's Receivables Turnover

For the Leisure subindustry, Airesis'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.


Airesis's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Airesis's Receivables Turnover distribution charts can be found below:

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



Airesis Receivables Turnover Calculation

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

Airesis'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 )
=121.02 / ((36.942 + 19.49) / 2 )
=121.02 / 28.216
=4.29

Airesis's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=79.355 / ((19.49 + 30.027) / 2 )
=79.355 / 24.7585
=3.21

* 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.


Airesis  (XSWX:AIRE) 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.


Airesis Receivables Turnover Related Terms

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Airesis Business Description

Traded in Other Exchanges
Address
Chemin du Pierrier 1, Clarens, Montreux, CHE, CH-1815
Airesis SA is a private equity and venture capital firm specializing in early, mid, and late venture, emerging growth, growth capital, turnaround, buyouts, and pre-IPO transactions. It seeks to invest in small and mid-sized companies. It prefers to invest in sports brands. The firm also makes investments in the real estate and brand sectors. In development division investments, the firm seeks to take a board seat in its portfolio companies. It also owns a distribution company that distributes sports goods. Geographically, it operates in France, Italy, Spain, and the Rest of the world, out of which the majority is from France.