Rigsave SpA (FRA:H68) Receivables Turnover: 0.03 (As of Jun. 2025)

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FRA:H68 Rigsave SpA FRA:H68
21 GF Score
Price €3.20
! 4 Warning Signs
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What is Rigsave SpA Receivables Turnover?

Rigsave SpA FRA:H68 +2.56% 21 Receivables Turnover is 0.03 as of Jun. 2025. GuruFocus rates FRA:H68 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 532 Asset Management companies, Rigsave SpA ranks worse than 99.25% on this metric.

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. Rigsave SpA's Revenue for the six months ended in Jun. 2025 was €0.66 Mil. Rigsave SpA's average Accounts Receivable for the six months ended in Jun. 2025 was €23.20 Mil. Hence, Rigsave SpA's Receivables Turnover for the six months ended in Jun. 2025 was 0.03.


Rigsave SpA  (FRA:H68) 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.


Rigsave SpA Receivables Turnover Related Terms


Rigsave SpA Receivables Turnover Historical Data

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The historical data trend for Rigsave SpA'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.

Rigsave SpA Receivables Turnover Chart

Rigsave SpA Annual Data
Trend Dec22 Dec23 Dec24
Receivables Turnover
7.94 4.25 2.38

Rigsave SpA Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Receivables Turnover Get a 7-Day Free Trial 1.98 2.88 1.02 1.27 0.03

FRA:H68 vs BLK, BX, KKR: Receivables Turnover Comparison

For the Asset Management subindustry, Rigsave SpA'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.


Rigsave SpA Receivables Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Rigsave SpA's Receivables Turnover distribution charts can be found below:

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


FRA:H68
21GF Score
Rigsave SpA FRA:H68
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rigsave SpA Receivables Turnover Calculation

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

Rigsave SpA'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 )
=0.491 / ((0.025 + 0.388) / 2 )
=0.491 / 0.2065
=2.38

Rigsave SpA's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=0.664 / ((0.388 + 46.003) / 2 )
=0.664 / 23.1955
=0.03

* 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 0.03 mean?
Rigsave SpA (FRA:H68) has a Receivables Turnover of 0.03 as of Jun. 2025. 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 Rigsave SpA and its competitors. According to the industry distribution chart, Rigsave SpA ranks #528 out of 532 companies in the Asset Management industry, placing it in the top 99.2%.
Is Rigsave SpA's Receivables Turnover too high?
Rigsave SpA's current Receivables Turnover is 0.03. The Asset Management industry median Receivables Turnover is 7.97. Rigsave SpA's value of 0.03 is 99.6% below this industry median. Based on the distribution chart, Rigsave SpA ranks #528 out of 532 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Rigsave SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Rigsave SpA's Receivables Turnover compare to BLK and BX?
According to the Asset Management industry distribution chart, Rigsave SpA ranks #528 out of 532 companies for Receivables Turnover. This places Rigsave SpA in the lower half of its industry. The industry median Receivables Turnover is 7.97. Rigsave SpA's value of 0.03 is 99.6% below 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.97, based on 532 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. Rigsave SpA's current Receivables Turnover of 0.03 is 99.6% below 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 Rigsave SpA and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rigsave SpA's current Receivables Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rigsave SpA stock overvalued right now?
Rigsave SpA (FRA:H68) has a current Receivables Turnover of 0.03. The current Receivables Turnover is 0.03 and 99.6% below the Asset Management industry median of 7.97. Rigsave SpA's overall GF Score™ is 21/100 with 4 warning signs to review. 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 Rigsave SpA (FRA:H68), the current Receivables Turnover is 0.03 as of Jun. 2025. 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.

Rigsave SpA Business Description

Other Exchanges H68:Germany
Address Corso Giuseppe Zanardelli, 38, Brescia, ITA, 25121
Rigsave SpA operates as a holding company. Through its subsidiaries, the company offers a range of traditional and financial services. These services cater to both retail and institutional clients across Europe, including countries such as Italy, Malta, Luxembourg, France, Portugal, the Netherlands, Germany, Austria, and Spain. The majority of the company's revenue is derived from the provision of Consultancy services.
21GF Score

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