DVGR (Digital Virgo Group) Receivables Turnover: 4.29 (As of Dec. 2022)


What is Digital Virgo Group Receivables Turnover?

Digital Virgo Group DVGR +0.13% Receivables Turnover is 4.29 as of Dec. 2022.

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. Digital Virgo Group's Revenue for the six months ended in Dec. 2022 was $455.4 Mil. Digital Virgo Group's average Accounts Receivable for the six months ended in Dec. 2022 was $106.2 Mil. Hence, Digital Virgo Group's Receivables Turnover for the six months ended in Dec. 2022 was 4.29.

Digital Virgo Group  (NAS:DVGR) 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.

Digital Virgo Group Receivables Turnover Related Terms

Digital Virgo Group Receivables Turnover Historical Data

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The historical data trend for Digital Virgo Group'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.

Digital Virgo Group Receivables Turnover Chart

Digital Virgo Group Annual Data
Trend Dec21 Dec22
Receivables Turnover
4.05 4.29

Digital Virgo Group Semi-Annual Data
Dec21 Dec22
Receivables Turnover 4.05 4.29

DVGR vs : Receivables Turnover Comparison

For the Telecom Services subindustry, Digital Virgo Group'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.

Digital Virgo Group Receivables Turnover vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Digital Virgo Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Digital Virgo Group's Receivables Turnover falls into.


Digital Virgo Group Receivables Turnover Calculation

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

Digital Virgo Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=455.372 / ((109.062 + 103.421) / 2 )
=455.372 / 106.2415
=4.29

Digital Virgo Group's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=455.372 / ((109.062 + 103.421) / 2 )
=455.372 / 106.2415
=4.29

* 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 4.29 mean?
Digital Virgo Group (DVGR) has a Receivables Turnover of 4.29 as of Dec. 2022. 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 Digital Virgo Group and its competitors.
Is Digital Virgo Group's Receivables Turnover too high?
Digital Virgo Group's current Receivables Turnover is 4.29. The Telecommunication Services industry median Receivables Turnover is 6.16. Digital Virgo Group's value of 4.29 is 30.4% below this industry median.
How does Digital Virgo Group's Receivables Turnover compare to ?
Digital Virgo Group's Receivables Turnover of 4.29 can be compared against companies in the Telecommunication Services industry. The industry median Receivables Turnover is 6.16. Digital Virgo Group's value of 4.29 is 30.4% below this benchmark. 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 Telecommunication Services company?
The median Receivables Turnover among Telecommunication Services companies is 6.16, based on 362 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. Digital Virgo Group's current Receivables Turnover of 4.29 is 30.4% below the industry median. 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 Digital Virgo Group and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Virgo Group's current Receivables Turnover is 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Virgo Group stock overvalued right now?
Digital Virgo Group (DVGR) has a current Receivables Turnover of 4.29. The current Receivables Turnover is 4.29 and 30.4% below the Telecommunication Services industry median of 6.16. 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 Digital Virgo Group (DVGR), the current Receivables Turnover is 4.29 as of Dec. 2022. 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.

Digital Virgo Group Business Description

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Address 88 rue Paul Bert, Lyon, FRA, 69003
Digital Virgo Group SA is one of the world's leading mobile payment specialists, implementing powerful monetization ecosystems for telecom operators and merchants, serving as a single destination for customers' mobile content, entertainment, and commerce needs. The company deploys global strategies to optimize payment that consider strategic aspects such as localization, monetization, digital marketing, customer care, or regulatory & compliance framework.