Buddy Technologies (FRA:TRO) Receivables Turnover : 3.01 (As of Dec. 2021)

View and export this data going back to 2011. Start your Free Trial

What is Buddy Technologies 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. Buddy Technologies's Revenue for the six months ended in Dec. 2021 was €8.70 Mil. Buddy Technologies's average Accounts Receivable for the six months ended in Dec. 2021 was €2.89 Mil. Hence, Buddy Technologies's Receivables Turnover for the six months ended in Dec. 2021 was 3.01.

Buddy Technologies Receivables Turnover Historical Data

The historical data trend for Buddy Technologies'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.

* Premium members only.

Buddy Technologies Receivables Turnover Chart

Buddy Technologies Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Receivables Turnover

Get a 7-Day Free Trial

64.18

7.60

4.24

10.00

8.13

Buddy Technologies Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Receivables Turnover	Get a 7-Day Free Trial															3.39	1.68	4.06	2.20	3.01

Competitive Comparison of Buddy Technologies's Receivables Turnover

For the Software - Infrastructure subindustry, Buddy Technologies'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.

Buddy Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Buddy Technologies's Receivables Turnover distribution charts can be found below:

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

Buddy Technologies Receivables Turnover Calculation

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

Buddy Technologies's Receivables Turnover for the fiscal year that ended in Jun. 2021 is calculated as

	Receivables Turnover (A: Jun. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2021 )	/ (	(Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Jun. 2021 ))	/	count )
=	18.257	/ (	(1.562	+	2.927)	/	2 )
=	18.257	/	2.2445
=	8.13

Buddy Technologies's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

	Receivables Turnover (Q: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2021 )	/ (	(Accounts Receivable (Q: Jun. 2021 )	+	Accounts Receivable (Q: Dec. 2021 ))	/	count )
=	8.701	/ (	(2.927	+	2.858)	/	2 )
=	8.701	/	2.8925
=	3.01

Buddy Technologies (FRA:TRO) 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.

Buddy Technologies Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Buddy Technologies's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Buddy Technologies (FRA:TRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Buddy Technologies Ltd (FRA:TRO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.buddy.com

Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).

Buddy Technologies (FRA:TRO) Headlines

No Headlines