VERTIKAL Group Nyrt (BUD:VERTIKAL) Receivables Turnover : 1.74 (As of Jun. 2024)

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What is VERTIKAL Group Nyrt 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. VERTIKAL Group Nyrt's Revenue for the six months ended in Jun. 2024 was Ft10,523 Mil. VERTIKAL Group Nyrt's average Accounts Receivable for the six months ended in Jun. 2024 was Ft6,050 Mil. Hence, VERTIKAL Group Nyrt's Receivables Turnover for the six months ended in Jun. 2024 was 1.74.

VERTIKAL Group Nyrt Receivables Turnover Historical Data

The historical data trend for VERTIKAL Group Nyrt'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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VERTIKAL Group Nyrt Receivables Turnover Chart

VERTIKAL Group Nyrt Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

4.33

4.83

4.69

4.51

3.31

VERTIKAL Group Nyrt Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial			1.32	2.68	1.05	2.03	1.74

Competitive Comparison of VERTIKAL Group Nyrt's Receivables Turnover

For the Waste Management subindustry, VERTIKAL Group Nyrt'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.

VERTIKAL Group Nyrt's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, VERTIKAL Group Nyrt's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where VERTIKAL Group Nyrt's Receivables Turnover falls into.

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VERTIKAL Group Nyrt Receivables Turnover Calculation

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

VERTIKAL Group Nyrt'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 )
=	12536.217	/ (	(1912.508	+	5661.963)	/	2 )
=	12536.217	/	3787.2355
=	3.31

VERTIKAL Group Nyrt'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 )
=	10523.468	/ (	(5661.963	+	6438.461)	/	2 )
=	10523.468	/	6050.212
=	1.74

VERTIKAL Group Nyrt (BUD:VERTIKAL) 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.

VERTIKAL Group Nyrt Receivables Turnover Related Terms

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VERTIKAL Group Nyrt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » VERTIKAL Group Nyrt (BUD:VERTIKAL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batthyany utca 26/B., Polgardi, HUN, 8154

Website

http://www.vertikalgroup.hu

VERTIKAL Group Nyrt is a key player in the field of environmental management and environmental protection on the domestic market.

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