Qt Group (FRA:2QT) Receivables Turnover : 0.96 (As of Mar. 2025)

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What is Qt Group 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. Qt Group's Revenue for the three months ended in Mar. 2025 was €47.2 Mil. Qt Group's average Accounts Receivable for the three months ended in Mar. 2025 was €49.1 Mil. Hence, Qt Group's Receivables Turnover for the three months ended in Mar. 2025 was 0.96.

Qt Group Receivables Turnover Historical Data

The historical data trend for Qt 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.

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Qt Group Receivables Turnover Chart

Qt Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.04

5.17

4.50

4.12

4.09

Qt Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.05	1.24	0.90	1.37	0.96

Competitive Comparison of Qt Group's Receivables Turnover

For the Software - Application subindustry, Qt 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.

Qt Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Qt Group's Receivables Turnover distribution charts can be found below:

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

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Qt Group Receivables Turnover Calculation

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

Qt Group's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	209.063	/ (	(47.9	+	54.353)	/	2 )
=	209.063	/	51.1265
=	4.09

Qt Group's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	47.236	/ (	(54.353	+	43.846)	/	2 )
=	47.236	/	49.0995
=	0.96

Qt Group (FRA:2QT) 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.

Qt Group Receivables Turnover Related Terms

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Qt Group Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Qt Group PLC (FRA:2QT) » Definitions » Receivables Turnover

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QTGPF:USA QTCOMh:UK 0RG5:UK QTCOM:Finland

Address

Miestentie 7, Espoo, FIN, 02150

Website

https://www.qt.io

Qt Group PLC is engaged in Qt product development, commercialization and licensing under commercial and open-source licenses. It is used for developing cross-platform applications and graphical user interfaces for desktops, embedded systems, and mobile devices. The Group reports one business segment that provides its customers with software development tools. This technology is used in various devices and applications, including consumer electronics, vehicles, airplanes and industrial automation applications. Geographically, it has a presence in the Rest of Europe and APAC and North America. It derives revenue from License sales and consulting and others.

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