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HolidayCheck Group AG (LTS:0G8Z) Receivables Turnover : 17.19 (As of Sep. 2021)


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What is HolidayCheck Group 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. HolidayCheck Group AG's Revenue for the three months ended in Sep. 2021 was €37.10 Mil. HolidayCheck Group AG's average Accounts Receivable for the three months ended in Sep. 2021 was €2.16 Mil. Hence, HolidayCheck Group AG's Receivables Turnover for the three months ended in Sep. 2021 was 17.19.


HolidayCheck Group AG Receivables Turnover Historical Data

The historical data trend for HolidayCheck Group 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.

* Premium members only.

HolidayCheck Group AG Receivables Turnover Chart

HolidayCheck Group AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 7.02 6.70 5.99 1.17

HolidayCheck Group AG Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 0.75 0.73 4.11 17.19

Competitive Comparison of HolidayCheck Group AG's Receivables Turnover

For the Travel Services subindustry, HolidayCheck Group 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.


HolidayCheck Group AG's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HolidayCheck Group AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HolidayCheck Group AG's Receivables Turnover falls into.



HolidayCheck Group AG Receivables Turnover Calculation

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

HolidayCheck Group AG's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=14.47 / ((22.429 + 2.394) / 2 )
=14.47 / 12.4115
=1.17

HolidayCheck Group AG's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

Receivables Turnover (Q: Sep. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2021 ) / ((Accounts Receivable (Q: Jun. 2021 ) + Accounts Receivable (Q: Sep. 2021 )) / count )
=37.101 / ((1.322 + 2.994) / 2 )
=37.101 / 2.158
=17.19

* 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.


HolidayCheck Group AG  (LTS:0G8Z) 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.


HolidayCheck Group AG Receivables Turnover Related Terms

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HolidayCheck Group AG (LTS:0G8Z) Business Description

Traded in Other Exchanges
N/A
Address
Neumarkter Strasse 61, Munich, DEU, 81673
HolidayCheck Group AG is a European digital company for holidaymakers. Its business activities include the operation of hotel rating and travel booking portals and rental car portal. Its core sales markets for the web portals are Australia, Belgium, Germany, the Netherlands, Poland, and Switzerland. It derives revenue in the form of brokerage on travel and hotel booking and online advertising.

HolidayCheck Group AG (LTS:0G8Z) Headlines

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