CrowdFundMe SpA (MIL:CFM) Receivables Turnover : 4.11 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is CrowdFundMe 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. CrowdFundMe SpA's Revenue for the six months ended in Dec. 2024 was €0.75 Mil. CrowdFundMe SpA's average Accounts Receivable for the six months ended in Dec. 2024 was €0.18 Mil. Hence, CrowdFundMe SpA's Receivables Turnover for the six months ended in Dec. 2024 was 4.11.

CrowdFundMe SpA Receivables Turnover Historical Data

The historical data trend for CrowdFundMe 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.

CrowdFundMe SpA Receivables Turnover Chart

CrowdFundMe SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

8.26

9.06

6.35

8.80

10.92

CrowdFundMe SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial										2.41	4.68	5.35	4.90	4.11

Competitive Comparison of CrowdFundMe SpA's Receivables Turnover

For the Asset Management subindustry, CrowdFundMe 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.

CrowdFundMe SpA's Receivables Turnover Distribution in the Asset Management Industry

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

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

Save Embed

;

Save Embed

;

CrowdFundMe SpA Receivables Turnover Calculation

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

CrowdFundMe SpA's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1.736	/ (	(0.176	+	0.142)	/	2 )
=	1.736	/	0.159
=	10.92

CrowdFundMe SpA's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0.754	/ (	(0.225	+	0.142)	/	2 )
=	0.754	/	0.1835
=	4.11

CrowdFundMe SpA (MIL:CFM) 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.

CrowdFundMe SpA Receivables Turnover Related Terms

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

CrowdFundMe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CrowdFundMe SpA (MIL:CFM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Legnano 28, Milan, ITA, 20121

Website

https://www.crowdfundme.it

CrowdFundMe SpA is engaged in the management of an equity financing platform. The platform allows start-ups and small and medium-sized companies to diversify their types of investors, thus offering private and professional investors the opportunity to invest in these companies.

CrowdFundMe SpA Headlines

No Headlines