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Dataproces Group A/S (FRA:D9D) Receivables Turnover : 2.06 (As of Jan. 2024)


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What is Dataproces Group A/S 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. Dataproces Group A/S's Revenue for the three months ended in Jan. 2024 was €1.23 Mil. Dataproces Group A/S's average Accounts Receivable for the three months ended in Jan. 2024 was €0.60 Mil. Hence, Dataproces Group A/S's Receivables Turnover for the three months ended in Jan. 2024 was 2.06.


Dataproces Group A/S Receivables Turnover Historical Data

The historical data trend for Dataproces Group A/S'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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Dataproces Group A/S Receivables Turnover Chart

Dataproces Group A/S Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
4.46 3.92 2.06 4.11 5.17

Dataproces Group A/S Quarterly Data
Apr19 Apr20 Oct20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.88 1.31 2.12 2.92 2.06

Competitive Comparison of Dataproces Group A/S's Receivables Turnover

For the Information Technology Services subindustry, Dataproces Group A/S'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.


Dataproces Group A/S's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Dataproces Group A/S's Receivables Turnover falls into.



Dataproces Group A/S Receivables Turnover Calculation

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

Dataproces Group A/S's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=2.872 / ((0.588 + 0.522) / 2 )
=2.872 / 0.555
=5.17

Dataproces Group A/S's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=1.229 / ((0.492 + 0.702) / 2 )
=1.229 / 0.597
=2.06

* 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.


Dataproces Group A/S  (FRA:D9D) 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.


Dataproces Group A/S Receivables Turnover Related Terms

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Dataproces Group A/S (FRA:D9D) Business Description

Traded in Other Exchanges
Address
Skalhuse 5, Nibe, DNK, 9240
Dataproces Group A/S is an interdisciplinary knowledge company specializing in IT and consulting services all developed for, and in close collaboration with, the country's municipalities. The company's services include Revenue optimization; Automation and RPA; and Knowledge and competencies.

Dataproces Group A/S (FRA:D9D) Headlines

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