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Enervit SpA (MIL:ENV) Receivables Turnover : 2.26 (As of Dec. 2024)


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What is Enervit 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. Enervit SpA's Revenue for the six months ended in Dec. 2024 was €46.79 Mil. Enervit SpA's average Accounts Receivable for the six months ended in Dec. 2024 was €20.66 Mil. Hence, Enervit SpA's Receivables Turnover for the six months ended in Dec. 2024 was 2.26.


Enervit SpA Receivables Turnover Historical Data

The historical data trend for Enervit 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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Enervit SpA Receivables Turnover Chart

Enervit SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 6.28 6.04 5.85 5.90

Enervit SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.24 2.64 2.25 2.54 2.26

Competitive Comparison of Enervit SpA's Receivables Turnover

For the Packaged Foods subindustry, Enervit 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.


Enervit SpA's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Enervit SpA's Receivables Turnover distribution charts can be found below:

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


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Enervit SpA Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=96.721 / ((15.35 + 17.417) / 2 )
=96.721 / 16.3835
=5.90

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

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=46.788 / ((23.907 + 17.417) / 2 )
=46.788 / 20.662
=2.26

* 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.


Enervit SpA  (MIL:ENV) 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.


Enervit SpA Receivables Turnover Related Terms

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Enervit SpA Business Description

Traded in Other Exchanges
N/A
Address
Viale Achille Papa, 30, Milan, ITA, 20149
Enervit SpA is engaged in the research, development, production, marketing, and export of sports food supplements and functional nutrition products. It manufactures and distributes products satisfying specific needs, both for those involved in sports at the professional level and their wellbeing. The company brands include Enervit Sport, EnerZona, Enervit Protein, and Enervit Gymline Muscle.