Impianti SpA (MIL:MPT) Receivables Turnover : 2.49 (As of Jun. 2024)

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What is Impianti 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. Impianti SpA's Revenue for the six months ended in Jun. 2024 was €4.51 Mil. Impianti SpA's average Accounts Receivable for the six months ended in Jun. 2024 was €1.81 Mil. Hence, Impianti SpA's Receivables Turnover for the six months ended in Jun. 2024 was 2.49.

Impianti SpA Receivables Turnover Historical Data

The historical data trend for Impianti 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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Impianti SpA Receivables Turnover Chart

Impianti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

2.64

4.39

4.40

3.35

5.75

Impianti SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				2.09	1.94	2.28	2.49	3.09

Competitive Comparison of Impianti SpA's Receivables Turnover

For the Information Technology Services subindustry, Impianti 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.

Impianti SpA's Receivables Turnover Distribution in the Software Industry

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

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

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Impianti SpA Receivables Turnover Calculation

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

Impianti 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 )
=	7.711	/ (	(2.67	+	1.928)	/	2 )
=	7.711	/	2.299
=	3.35

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

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	4.512	/ (	(1.928	+	1.69)	/	2 )
=	4.512	/	1.809
=	2.49

Impianti SpA (MIL:MPT) 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.

Impianti SpA Receivables Turnover Related Terms

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Impianti SpA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

F67:Germany

Address

Via della Valle, 46/a, Carate Brianza, ITA, 20841

Website

https://www.impianti.eu

Impianti SpA operates as an infrastructural System Integrator. It provides information communication technology, audio, and video system integrating services. Its portfolio of solutions and services are in the fields of ICT/AV, UCC, SD-Wan & Mobile Data Solutions, Mobile & Rugged Devices, Cyber Security, IoT, Data Centers, and Cabling Systems, as well as in the ecosystem areas in relation to the three major video communication brands such as Microsoft Teams, Zoom and Google Meet.

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