Alfonsino SpA (MIL:ALFO) Receivables Turnover : 3.82 (As of Dec. 2023)

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What is Alfonsino SpA 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. Alfonsino SpA's Revenue for the six months ended in Dec. 2023 was €1.94 Mil. Alfonsino SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €0.51 Mil. Hence, Alfonsino SpA's Receivables Turnover for the six months ended in Dec. 2023 was 3.82.

Alfonsino SpA Receivables Turnover Historical Data

The historical data trend for Alfonsino SpA'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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Alfonsino SpA Receivables Turnover Chart

Alfonsino SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

57.29

20.33

15.00

10.98

7.77

Alfonsino SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				6.30	6.73	4.65	4.35	3.82

Competitive Comparison of Alfonsino SpA's Receivables Turnover

For the Software - Application subindustry, Alfonsino SpA'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.

Alfonsino SpA's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Alfonsino SpA's Receivables Turnover falls into.

Alfonsino SpA Receivables Turnover Calculation

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

Alfonsino SpA'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 )
=	4.272	/ (	(0.577	+	0.522)	/	2 )
=	4.272	/	0.5495
=	7.77

Alfonsino SpA's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1.943	/ (	(0.495	+	0.522)	/	2 )
=	1.943	/	0.5085
=	3.82

Alfonsino SpA (MIL:ALFO) 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.

Alfonsino SpA Receivables Turnover Related Terms

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Alfonsino SpA (MIL:ALFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alfonsino SpA (MIL:ALFO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Trieste, 227, Campania, Caserta, ITA, 81100

Website

https://www.alfonsino.delivery

Alfonsino SpA offers delivery service in Italy in small municipalities. From the delivery of food to that of flowers, medicines, food and much more, it allows more than 350,000 customers in more than 300 Italian municipalities a latest generation delivery-on-demand service.

Alfonsino SpA (MIL:ALFO) Headlines

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