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Fawry For Banking Technology And Electronic Payment (CAI:FWRY) Receivables Turnover : 13.18 (As of Sep. 2024)


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What is Fawry For Banking Technology And Electronic Payment 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. Fawry For Banking Technology And Electronic Payment's Revenue for the three months ended in Sep. 2024 was E£1,546 Mil. Fawry For Banking Technology And Electronic Payment's average Accounts Receivable for the three months ended in Sep. 2024 was E£117 Mil. Hence, Fawry For Banking Technology And Electronic Payment's Receivables Turnover for the three months ended in Sep. 2024 was 13.18.


Fawry For Banking Technology And Electronic Payment Receivables Turnover Historical Data

The historical data trend for Fawry For Banking Technology And Electronic Payment'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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Fawry For Banking Technology And Electronic Payment Receivables Turnover Chart

Fawry For Banking Technology And Electronic Payment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 35.65 30.32 29.34 45.47 81.29

Fawry For Banking Technology And Electronic Payment Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.90 13.56 23.30 19.20 13.18

Competitive Comparison of Fawry For Banking Technology And Electronic Payment's Receivables Turnover

For the Software - Infrastructure subindustry, Fawry For Banking Technology And Electronic Payment'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.


Fawry For Banking Technology And Electronic Payment's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Fawry For Banking Technology And Electronic Payment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fawry For Banking Technology And Electronic Payment's Receivables Turnover falls into.



Fawry For Banking Technology And Electronic Payment Receivables Turnover Calculation

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

Fawry For Banking Technology And Electronic Payment'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 )
=3272.016 / ((39.596 + 40.905) / 2 )
=3272.016 / 40.2505
=81.29

Fawry For Banking Technology And Electronic Payment's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1545.882 / ((73.855 + 160.685) / 2 )
=1545.882 / 117.27
=13.18

* 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.


Fawry For Banking Technology And Electronic Payment  (CAI:FWRY) 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.


Fawry For Banking Technology And Electronic Payment Receivables Turnover Related Terms

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Fawry For Banking Technology And Electronic Payment Business Description

Traded in Other Exchanges
N/A
Address
Smart Village, Building 221, Floor 12, Financial district, Cairo, EGY
Fawry For Banking Technology And Electronic Payment is engaged in providing operations services specialized in systems and communications, management, operating and maintenance of equipment's and computers networks services and internal systems of banks, networks, and centralized systems, establish operating systems for banking services through the internet, phone and e-payment services and circulation of secured documents electronically, and renting properties.

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