Next e GO NV (Next e GO NV) Receivables Turnover : 0.00 (As of Jun. 2023)

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What is Next e GO NV 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. Next e GO NV's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Next e GO NV's average Accounts Receivable for the three months ended in Jun. 2023 was $0.52 Mil.

Next e GO NV Receivables Turnover Historical Data

The historical data trend for Next e GO NV'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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Next e GO NV Receivables Turnover Chart

Next e GO NV Annual Data

Trend

Dec21

Dec22

Receivables Turnover

8.06

10.89

Next e GO NV Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23
Receivables Turnover	8.06	-	4.37	2.50	-

Competitive Comparison of Next e GO NV's Receivables Turnover

For the Auto Manufacturers subindustry, Next e GO NV'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.

Next e GO NV's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Next e GO NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Next e GO NV's Receivables Turnover falls into.

Next e GO NV Receivables Turnover Calculation

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

Next e GO NV's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	6.046	/ (	(0.492	+	0.618)	/	2 )
=	6.046	/	0.555
=	10.89

Next e GO NV's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0.618	+	0.425)	/	2 )
=	0	/	0.5215
=	N/A

Next e GO NV (OTCPK:EGOXF) 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.

Next e GO NV Receivables Turnover Related Terms

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Next e GO NV (Next e GO NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Next e GO NV (OTCPK:EGOXF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Next.e.GO Mobile SE, Lilienthalstraße 1, Aachen, DEU, 52068

Website

https://www.e-go-mobile.com

Next e GO NV designs and manufactures battery electric vehicles for the urban environment, with focus on convenience, reliability and affordability. It has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories.

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