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. Msg Life AG's Revenue for the
six
months ended in Dec. 2023 was €179.2 Mil. Msg Life AG's average Accounts Receivable for the
six
months ended in Dec. 2023 was €45.9 Mil.
Hence, Msg Life AG's Receivables Turnover for the
six
months ended in Dec. 2023 was 3.90.
Msg Life AG (HAM:MSGL) 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.
Msg Life AG Receivables Turnover Related Terms
Msg Life AG Receivables Turnover Historical Data
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The historical data trend for Msg Life 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.
HAM:MSGL vs CRM, UBER, NOW: Receivables Turnover Comparison
For the Software - Application subindustry, Msg Life 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.
Msg Life AG Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Msg Life AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Msg Life AG's Receivables Turnover falls into.
* 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.
Msg Life AG (HAM:MSGL) has a Receivables Turnover of 3.90 as of Dec. 2023. 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 Msg Life AG and its competitors.
Is Msg Life AG's Receivables Turnover too high?
Msg Life AG's current Receivables Turnover is 3.90. The Software industry median Receivables Turnover is 5.68. Msg Life AG's value of 3.90 is 31.3% below this industry median. Overall, Msg Life AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Msg Life AG's Receivables Turnover compare to CRM and UBER?
Msg Life AG's Receivables Turnover of 3.90 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.68. Msg Life AG's value of 3.90 is 31.3% 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 a Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,766 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. Msg Life AG's current Receivables Turnover of 3.90 is 31.3% 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 Msg Life AG and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Msg Life AG's current Receivables Turnover is 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Msg Life AG stock overvalued right now?
Msg Life AG (HAM:MSGL) has a current Receivables Turnover of 3.90. The current Receivables Turnover is 3.90 and 31.3% below the Software industry median of 5.68. Msg Life AG's overall GF Score™ is 10/100. 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 Msg Life AG (HAM:MSGL), the current Receivables Turnover is 3.90 as of Dec. 2023. 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.
Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Spain, and Benelux.
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