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Staige One AG (FRA:SPC) Receivables Turnover : 2.45 (As of Jun. 2024)


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What is Staige One 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. Staige One AG's Revenue for the six months ended in Jun. 2024 was €1.14 Mil. Staige One AG's average Accounts Receivable for the six months ended in Jun. 2024 was €0.47 Mil. Hence, Staige One AG's Receivables Turnover for the six months ended in Jun. 2024 was 2.45.

Staige One AG Receivables Turnover Historical Data

The historical data trend for Staige One 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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Staige One AG Receivables Turnover Chart

Staige One AG Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
- - -

Staige One AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial - - - - 2.45

Competitive Comparison of Staige One AG's Receivables Turnover

For the Shell Companies subindustry, Staige One 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.

Staige One AG's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Staige One AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Staige One AG's Receivables Turnover falls into.


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Staige One AG Receivables Turnover Calculation

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

Staige One AG's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0 / ((0 + 0.234) / 1 )
=0 / 0.234
=N/A

Staige One AG's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1.144 / ((0.234 + 0.701) / 2 )
=1.144 / 0.4675
=2.45

* 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.

Staige One AG  (FRA:SPC) 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.

Staige One AG Receivables Turnover Related Terms

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Staige One AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Staige One AG (FRA:SPC) » Definitions » Receivables Turnover
Comparable Companies
AACT EQV ANSC GTEN AAM NETD XKRX:319400 MBAV KFII NPAC TACO CCIX ALF GPAT CEP CCCM RTAC SDHI IPCX BACQ
Traded in Other Exchanges
SPC:Germany
Address
Barer Strasse 7, Munich, BY, DEU, 80333
Website
https://www.spac-one.de
Staige One AG Formerly SPAC One AG is a special purpose acquisition company.

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