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CPU Softwarehouse AG (FRA:CPU2) Receivables Turnover : 5.82 (As of Dec. 2023)


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What is CPU Softwarehouse 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. CPU Softwarehouse AG's Revenue for the six months ended in Dec. 2023 was €1.69 Mil. CPU Softwarehouse AG's average Accounts Receivable for the six months ended in Dec. 2023 was €0.29 Mil. Hence, CPU Softwarehouse AG's Receivables Turnover for the six months ended in Dec. 2023 was 5.82.


CPU Softwarehouse AG Receivables Turnover Historical Data

The historical data trend for CPU Softwarehouse 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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CPU Softwarehouse AG Receivables Turnover Chart

CPU Softwarehouse 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 12.20 12.53 11.95 9.35 8.62

CPU Softwarehouse AG Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.50 5.01 4.34 3.30 5.82

Competitive Comparison of CPU Softwarehouse AG's Receivables Turnover

For the Software - Application subindustry, CPU Softwarehouse 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.


CPU Softwarehouse AG's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CPU Softwarehouse AG's Receivables Turnover distribution charts can be found below:

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



CPU Softwarehouse AG Receivables Turnover Calculation

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

CPU Softwarehouse 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 )
=3.121 / ((0.433 + 0.291) / 2 )
=3.121 / 0.362
=8.62

CPU Softwarehouse AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1.693 / ((0 + 0.291) / 1 )
=1.693 / 0.291
=5.82

* 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.


CPU Softwarehouse AG  (FRA:CPU2) 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.


CPU Softwarehouse AG Receivables Turnover Related Terms

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CPU Softwarehouse AG Business Description

Traded in Other Exchanges
Address
August-Wessels-Strasse 27 August-Wessels-Str. 27Augsberg, 86156Germany, August-wessels-strac E 27, Augsburg, DEU, 86156
CPU Softwarehouse AG offers information technology services and software solutions for the banking sector and telecom sector.
Executives
Bernd Günther Supervisory Board

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