Dromeas Office Furniture Industry (ATH:DROME) Receivables Turnover: 0.00 (As of . 20)


What is Dromeas Office Furniture Industry Receivables Turnover?

Dromeas Office Furniture Industry ATH:DROME -1.90% Receivables Turnover is 0.00 as of . 20.

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. Dromeas Office Furniture Industry's Revenue for the three months ended in . 20 was €0.00 Mil. Dromeas Office Furniture Industry's average Accounts Receivable for the three months ended in . 20 was €0.00 Mil.

Dromeas Office Furniture Industry  (ATH:DROME) 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.

Dromeas Office Furniture Industry Receivables Turnover Related Terms

Dromeas Office Furniture Industry Receivables Turnover Historical Data

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The historical data trend for Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry Receivables Turnover Chart

Dromeas Office Furniture Industry Annual Data
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Dromeas Office Furniture Industry Quarterly Data
Receivables Turnover

Dromeas Office Furniture Industry Receivables Turnover Competitor Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dromeas Office Furniture Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dromeas Office Furniture Industry's Receivables Turnover falls into.


Dromeas Office Furniture Industry Receivables Turnover Calculation

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

Dromeas Office Furniture Industry's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Dromeas Office Furniture Industry's Receivables Turnover for the quarter that ended in . 20 is calculated as

Receivables Turnover (Q: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (Q: . 20 ) / ((Accounts Receivable (Q: . 20 ) + Accounts Receivable (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Dromeas Office Furniture Industry (ATH:DROME) has a Receivables Turnover of 0.00 as of . 20. The accounts 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. View historical data on Dromeas Office Furniture Industry and its competitors.
Is Dromeas Office Furniture Industry's Receivables Turnover too high?
Dromeas Office Furniture Industry's current Receivables Turnover is 0.00.
How does Dromeas Office Furniture Industry's Receivables Turnover compare to competitors?
Dromeas Office Furniture Industry's Receivables Turnover of 0.00 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Receivables Turnover is 7.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Dromeas Office Furniture Industry and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dromeas Office Furniture Industry's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dromeas Office Furniture Industry stock overvalued right now?
Dromeas Office Furniture Industry (ATH:DROME) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Dromeas Office Furniture Industry (ATH:DROME), the current Receivables Turnover is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dromeas Office Furniture Industry Business Description

Address Serres Industrial Estate, Factory-Showroom, Serres, GRC, 62121
Dromeas SA Office Furniture Industry is engaged in construction, trading and supply of furniture for offices & educational institutions. The company's products and solutions include Seating, Desking, Pedelstals, Bookcases, Sliding Tracked Storage System, Space Dividers - Accessories, Sound Absorbing Partitions and Storage & Space Division.