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. Gruppo Green Power SpA's Revenue for the
six
months ended in Jun. 2020 was €3.33 Mil. Gruppo Green Power SpA's average Accounts Receivable for the
six
months ended in Jun. 2020 was €1.77 Mil.
Hence, Gruppo Green Power SpA's Receivables Turnover for the
six
months ended in Jun. 2020 was 1.89.
Gruppo Green Power SpA (MIL:GGP) 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.
Gruppo Green Power SpA Receivables Turnover Related Terms
Gruppo Green Power SpA Receivables Turnover Historical Data
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The historical data trend for Gruppo Green Power 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.
MIL:GGP vs ENPH, SEDG, FSLR: Receivables Turnover Comparison
For the Solar subindustry, Gruppo Green Power 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.
Gruppo Green Power SpA Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Gruppo Green Power SpA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Gruppo Green Power SpA's Receivables Turnover falls into.
* 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.
Gruppo Green Power SpA (MIL:GGP) has a Receivables Turnover of 1.89 as of Jun. 2020. The accounts 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. View historical data on Gruppo Green Power SpA and its competitors.
Is Gruppo Green Power SpA's Receivables Turnover too high?
Gruppo Green Power SpA's current Receivables Turnover is 1.89. The Semiconductors industry median Receivables Turnover is 5.82. Gruppo Green Power SpA's value of 1.89 is 67.5% below this industry median. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Receivables Turnover compare to ENPH and SEDG?
Gruppo Green Power SpA's Receivables Turnover of 1.89 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. Gruppo Green Power SpA's value of 1.89 is 67.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gruppo Green Power SpA's current Receivables Turnover of 1.89 is 67.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Gruppo Green Power SpA and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gruppo Green Power SpA's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Receivables Turnover of 1.89. The current Receivables Turnover is 1.89 and 67.5% below the Semiconductors industry median of 5.82. Gruppo Green Power SpA's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Gruppo Green Power SpA (MIL:GGP), the current Receivables Turnover is 1.89 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
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