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Plazza AG (CHIX:PLANZ) Receivables Turnover : 22.51 (As of Jun. 2024)


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What is Plazza 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. Plazza AG's Revenue for the six months ended in Jun. 2024 was CHF15.22 Mil. Plazza AG's average Accounts Receivable for the six months ended in Jun. 2024 was CHF0.68 Mil. Hence, Plazza AG's Receivables Turnover for the six months ended in Jun. 2024 was 22.51.


Plazza AG Receivables Turnover Historical Data

The historical data trend for Plazza 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.

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Plazza AG Receivables Turnover Chart

Plazza 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 188.61 147.00 229.34 266.72 39.48

Plazza AG 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 387.42 147.68 151.47 21.87 22.51

Competitive Comparison of Plazza AG's Receivables Turnover

For the Real Estate Services subindustry, Plazza 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.


Plazza AG's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Plazza AG's Receivables Turnover distribution charts can be found below:

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



Plazza AG Receivables Turnover Calculation

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

Plazza 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 )
=28.922 / ((0.167 + 1.298) / 2 )
=28.922 / 0.7325
=39.48

Plazza AG'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 )
=15.217 / ((1.298 + 0.054) / 2 )
=15.217 / 0.676
=22.51

* 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.


Plazza AG  (CHIX:PLANz) 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.


Plazza AG Receivables Turnover Related Terms

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Plazza AG Business Description

Traded in Other Exchanges
Address
Sieberstrasse 5, Zurich, CHE, 8055
Plazza AG is engaged in planning, building, managing and sell of real estate projects in Switzerland. The Company's portfolio include residential, commercial and office properties. Real estate investment business is engaged in buying and selling of all properties. It has projects in the economic centers of Zurich and Lausanne.

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