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Anima Holding SpA (MIL:ANIM) Receivables Turnover : 2.13 (As of Mar. 2024)


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What is Anima Holding 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. Anima Holding SpA's Revenue for the three months ended in Mar. 2024 was €322 Mil. Anima Holding SpA's average Accounts Receivable for the three months ended in Mar. 2024 was €151 Mil. Hence, Anima Holding SpA's Receivables Turnover for the three months ended in Mar. 2024 was 2.13.


Anima Holding SpA Receivables Turnover Historical Data

The historical data trend for Anima Holding 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.

* Premium members only.

Anima Holding SpA Receivables Turnover Chart

Anima Holding SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.55 8.57 8.63 7.74 8.83

Anima Holding SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.40 2.36 2.55 2.01 2.13

Competitive Comparison of Anima Holding SpA's Receivables Turnover

For the Asset Management subindustry, Anima Holding 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.


Anima Holding SpA's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anima Holding SpA's Receivables Turnover distribution charts can be found below:

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



Anima Holding SpA Receivables Turnover Calculation

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

Anima Holding 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 )
=1001.101 / ((89.526 + 137.128) / 2 )
=1001.101 / 113.327
=8.83

Anima Holding SpA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=322.347 / ((137.128 + 165.603) / 2 )
=322.347 / 151.3655
=2.13

* 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.


Anima Holding SpA  (MIL:ANIM) 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.


Anima Holding SpA Receivables Turnover Related Terms

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Anima Holding SpA (MIL:ANIM) Business Description

Traded in Other Exchanges
Address
Corso Giuseppe Garibaldi, 99, Milan, ITA, 20121
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.

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