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Blue Cap AG (XTER:B7E) Receivables Turnover : 4.25 (As of Dec. 2023)


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What is Blue Cap 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. Blue Cap AG's Revenue for the six months ended in Dec. 2023 was €127.9 Mil. Blue Cap AG's average Accounts Receivable for the six months ended in Dec. 2023 was €30.1 Mil. Hence, Blue Cap AG's Receivables Turnover for the six months ended in Dec. 2023 was 4.25.


Blue Cap AG Receivables Turnover Historical Data

The historical data trend for Blue Cap 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.

* Premium members only.

Blue Cap AG Receivables Turnover Chart

Blue Cap AG 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 11.21 12.14 12.63 10.61 9.73

Blue Cap AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.20 4.51 4.27 4.65 4.25

Competitive Comparison of Blue Cap AG's Receivables Turnover

For the Asset Management subindustry, Blue Cap 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.


Blue Cap AG's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Cap AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Blue Cap AG's Receivables Turnover falls into.



Blue Cap AG Receivables Turnover Calculation

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

Blue Cap AG'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 )
=273.322 / ((29.201 + 26.954) / 2 )
=273.322 / 28.0775
=9.73

Blue Cap AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=127.947 / ((33.272 + 26.954) / 2 )
=127.947 / 30.113
=4.25

* 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.


Blue Cap AG  (XTER:B7E) 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.


Blue Cap AG Receivables Turnover Related Terms

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Blue Cap AG (XTER:B7E) Business Description

Traded in Other Exchanges
Address
Ludwigstrasse 11, Munich, DEU
Blue Cap is a publicly traded investment company based in Munich investing in medium-sized niche companies.The investment idea is to develop technology-led company founders or more and yet still retain the corporate identity.
Executives
Jens Henning Eschweiler Board of Directors

Blue Cap AG (XTER:B7E) Headlines

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