Legible (FRA:D0T) Receivables Turnover: 19.00 (As of Dec. 2024)

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What is Legible Receivables Turnover?

Legible FRA:D0T Receivables Turnover is 19.00 as of Dec. 2024.

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. Legible's Revenue for the three months ended in Dec. 2024 was €0.02 Mil. Legible's average Accounts Receivable for the three months ended in Dec. 2024 was €0.00 Mil. Hence, Legible's Receivables Turnover for the three months ended in Dec. 2024 was 19.00.


Legible  (FRA:D0T) 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.


Legible Receivables Turnover Related Terms


Legible Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Legible'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.

Legible Receivables Turnover Chart

Legible Annual Data
Trend Jun20 Jun21 Dec22 Dec23 Dec24
Receivables Turnover
0.00 0.00 0.00 0.00 54.00

Legible Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.00 0.00 1.50 3.75 19.00

FRA:D0T vs EZOO, BLMZF, LPTVQ: Receivables Turnover Comparison

For the Publishing subindustry, Legible'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.


Legible Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Legible's Receivables Turnover distribution charts can be found below:

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



Legible Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=0.054 / ((0 + 0.001) / 1 )
=0.054 / 0.001
=54.00

Legible's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0.019 / ((0 + 0.001) / 1 )
=0.019 / 0.001
=19.00

* 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 19.00 mean?
Legible (FRA:D0T) has a Receivables Turnover of 19.00 as of Dec. 2024. 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 Legible and its competitors.
Is Legible's Receivables Turnover too high?
Legible's current Receivables Turnover is 19.00. The Media - Diversified industry median Receivables Turnover is 5.35. Legible's value of 19.00 is 255.1% above this industry median.
How does Legible's Receivables Turnover compare to EZOO and BLMZF?
Legible's Receivables Turnover of 19.00 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.35. Legible's value of 19.00 is 255.1% above 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.35, based on 1,005 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. Legible's current Receivables Turnover of 19.00 is 255.1% above 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 Legible and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legible's current Receivables Turnover is 19.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legible stock overvalued right now?
Legible (FRA:D0T) has a current Receivables Turnover of 19.00. The current Receivables Turnover is 19.00 and 255.1% above the Media - Diversified industry median of 5.35. 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 Legible (FRA:D0T), the current Receivables Turnover is 19.00 as of Dec. 2024. 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.

Legible Business Description

Address 997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B 3M1
Legible Inc is a book entertainment and media company. The Company has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.