Groupe Open (LTS:0O1T) Receivables Turnover : 2.90 (As of Jun. 2021)

Groupe Open Receivables Turnover Chart

Groupe Open Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Receivables Turnover		Get a 7-Day Free Trial					5.34	5.29	5.42	6.04	6.34

Groupe Open Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Receivables Turnover	Get a 7-Day Free Trial															3.17	3.44	3.08	2.93	2.90

Competitive Comparison of Groupe Open's Receivables Turnover

For the Information Technology Services subindustry, Groupe Open'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.

Groupe Open's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Groupe Open's Receivables Turnover falls into.

Groupe Open Receivables Turnover Calculation

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

Groupe Open's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Groupe Open's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

* 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.

Groupe Open  (LTS:0O1T) 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.

Groupe Open Receivables Turnover Related Terms

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

Groupe Open (LTS:0O1T) Business Description