Nusco SpA (MIL:NUS) Receivables Turnover : 1.79 (As of Dec. 2023)

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What is Nusco 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. Nusco SpA's Revenue for the six months ended in Dec. 2023 was €32.13 Mil. Nusco SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €17.93 Mil. Hence, Nusco SpA's Receivables Turnover for the six months ended in Dec. 2023 was 1.79.

Nusco SpA Receivables Turnover Historical Data

The historical data trend for Nusco 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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Nusco SpA Receivables Turnover Chart

Nusco SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

1.60

1.26

1.99

2.82

3.23

Nusco SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			1.12	1.14	1.63	1.50	1.79

Competitive Comparison of Nusco SpA's Receivables Turnover

For the Building Products & Equipment subindustry, Nusco 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.

Nusco SpA's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nusco SpA's Receivables Turnover distribution charts can be found below:

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

Nusco SpA Receivables Turnover Calculation

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

Nusco 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 )
=	56.733	/ (	(16.021	+	19.142)	/	2 )
=	56.733	/	17.5815
=	3.23

Nusco SpA's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	32.132	/ (	(16.722	+	19.142)	/	2 )
=	32.132	/	17.932
=	1.79

Nusco SpA (MIL:NUS) 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.

Nusco SpA Receivables Turnover Related Terms

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Nusco SpA (MIL:NUS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

S.S.7 bis km 50.500, Nola, ITA, 80035

Website

https://www.nuscospa.com

Nusco SpA is operating in the production and sale of doors and windows. Its products include Veneer doors, laminated doors, security doors, solid wood doors, pantograph and engraving doors, invisible doors, reversible doors, sliding doors, Wood and aluminum windows, Aluminium and wood doors, Windows in PVC, Shutters.