Making Science Group (FRA:MS7) Receivables Turnover : 3.07 (As of Jun. 2024)

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What is Making Science 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. Making Science Group's Revenue for the six months ended in Jun. 2024 was €126.0 Mil. Making Science Group's average Accounts Receivable for the six months ended in Jun. 2024 was €41.0 Mil. Hence, Making Science Group's Receivables Turnover for the six months ended in Jun. 2024 was 3.07.

Making Science Group Receivables Turnover Historical Data

The historical data trend for Making Science 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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Making Science Group Receivables Turnover Chart

Making Science Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.18

4.10

4.99

6.21

5.74

Making Science Group Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial						2.85	2.75	2.67	2.82	3.07

Competitive Comparison of Making Science Group's Receivables Turnover

For the Advertising Agencies subindustry, Making Science 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.

Making Science Group's Receivables Turnover Distribution in the Media - Diversified Industry

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

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

Making Science Group Receivables Turnover Calculation

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

Making Science Group'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 )
=	235.766	/ (	(40.614	+	41.588)	/	2 )
=	235.766	/	41.101
=	5.74

Making Science Group's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	126.013	/ (	(41.588	+	40.404)	/	2 )
=	126.013	/	40.996
=	3.07

Making Science Group (FRA:MS7) 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.

Making Science Group Receivables Turnover Related Terms

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Making Science Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Making Science Group SA (FRA:MS7) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ALMKS:France MAKS:Spain

Address

Calle Lopez de Hoyos 135, 3rd floor, Madrid, ESP, 28002

Website

https://www.makingscience.com

Making Science Group SA is engaged in the business of technology and marketing solutions for the digital business. The company provides solutions in areas of digital marketing, data analytics, e-commerce, and cloud. The company carries out its professional activity in 10 countries: United States, Spain, Portugal, Ireland, Georgia, Italy, France, United Kingdom, Mexico, Colombia. The Company obtains its income mainly from advertising and public relations services.

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