Salcef Group SpA (MIL:SCF) Receivables Turnover : 1.57 (As of Sep. 2023)

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What is Salcef Group 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. Salcef Group SpA's Revenue for the three months ended in Sep. 2023 was €199.2 Mil. Salcef Group SpA's average Accounts Receivable for the three months ended in Sep. 2023 was €127.3 Mil. Hence, Salcef Group SpA's Receivables Turnover for the three months ended in Sep. 2023 was 1.57.

Salcef Group SpA Receivables Turnover Historical Data

The historical data trend for Salcef Group 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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Salcef Group SpA Receivables Turnover Chart

Salcef Group SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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3.93

3.81

4.48

5.14

4.83

Salcef Group SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.70	1.24	1.76	1.57	1.58

Competitive Comparison of Salcef Group SpA's Receivables Turnover

For the Engineering & Construction subindustry, Salcef Group 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.

Salcef Group SpA's Receivables Turnover Distribution in the Construction Industry

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

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

Salcef Group SpA Receivables Turnover Calculation

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

Salcef Group SpA's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	554.709	/ (	(89.109	+	140.505)	/	2 )
=	554.709	/	114.807
=	4.83

Salcef Group SpA's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	199.207	/ (	(120.834	+	133.683)	/	2 )
=	199.207	/	127.2585
=	1.57

Salcef Group SpA (MIL:SCF) 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.

Salcef Group SpA Receivables Turnover Related Terms

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Salcef Group SpA (MIL:SCF) Business Description

Industry

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7S9:Germany

Address

Via Salaria 1027, Rome, ITA, 00138

Website

https://www.salcef.com

Salcef Group SpA is engaged in the design, construction, and maintenance of railway and metro infrastructures, as well as the supply of equipment and services. The company's operating segment are Permanent way systems, Infrastructure, Energy, signalling and telecommunications, Railway materials, Railway machines and Grinding. It generates maximum revenue from the permanent way systems services. Geographically, it derives a majority of its revenue from Italy.

Salcef Group SpA (MIL:SCF) Headlines

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