HIAG Immobilien Holding AG (LTS:0QU6) Receivables Turnover : 22.51 (As of Jun. 2024)

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What is HIAG Immobilien Holding 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. HIAG Immobilien Holding AG's Revenue for the six months ended in Jun. 2024 was CHF66.1 Mil. HIAG Immobilien Holding AG's average Accounts Receivable for the six months ended in Jun. 2024 was CHF2.9 Mil. Hence, HIAG Immobilien Holding AG's Receivables Turnover for the six months ended in Jun. 2024 was 22.51.

HIAG Immobilien Holding AG Receivables Turnover Historical Data

The historical data trend for HIAG Immobilien Holding 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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HIAG Immobilien Holding AG Receivables Turnover Chart

HIAG Immobilien Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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14.97

16.11

16.79

25.93

39.74

HIAG Immobilien Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															6.81	11.38	19.93	18.97	22.51

Competitive Comparison of HIAG Immobilien Holding AG's Receivables Turnover

For the Real Estate - Diversified subindustry, HIAG Immobilien Holding 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.

HIAG Immobilien Holding AG's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HIAG Immobilien Holding AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HIAG Immobilien Holding AG's Receivables Turnover falls into.

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HIAG Immobilien Holding AG Receivables Turnover Calculation

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

HIAG Immobilien Holding AG's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	111.184	/ (	(2.151	+	3.444)	/	2 )
=	111.184	/	2.7975
=	39.74

HIAG Immobilien Holding AG's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	66.149	/ (	(3.444	+	2.434)	/	2 )
=	66.149	/	2.939
=	22.51

HIAG Immobilien Holding AG (LTS:0QU6) 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.

HIAG Immobilien Holding AG Receivables Turnover Related Terms

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HIAG Immobilien Holding AG Business Description

Industry

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HIAGz:UK HIAG:Switzerland

Address

Aeschenplatz 7, Basel, CHE, 4052

Website

https://www.hiag.com/en

HIAG Immobilien Holding AG is a property redevelopment company. The company's portfolio covers 40 sites with a total land area of 2.5 million square meters. Its core business focuses on the management of master plans and building permit procedures, site marketing, the steering of redevelopment processes, and portfolio management, including property administration. About 91% of its real estate portfolio is situated in the economic catchment areas of Zurich/Zug, Baden/Brugg, Basel, and Geneva. The company's business activities are divided into three segments Yielding Portfolio, Development Portfolio, and the Transaction segment.

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