Tamburi Investment Partners SpA (MIL:TIP) Receivables Turnover : 4.92 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Tamburi Investment Partners 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. Tamburi Investment Partners SpA's Revenue for the three months ended in Mar. 2024 was €1.89 Mil. Tamburi Investment Partners SpA's average Accounts Receivable for the three months ended in Mar. 2024 was €0.38 Mil. Hence, Tamburi Investment Partners SpA's Receivables Turnover for the three months ended in Mar. 2024 was 4.92.

Tamburi Investment Partners SpA Receivables Turnover Historical Data

The historical data trend for Tamburi Investment Partners 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.

* Premium members only.

Tamburi Investment Partners SpA Receivables Turnover Chart

Tamburi Investment Partners SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.50

7.30

14.48

15.51

20.92

Tamburi Investment Partners SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.79	27.42	2.20	-	4.92

Competitive Comparison of Tamburi Investment Partners SpA's Receivables Turnover

For the Asset Management subindustry, Tamburi Investment Partners 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.

Tamburi Investment Partners SpA's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tamburi Investment Partners SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tamburi Investment Partners SpA's Receivables Turnover falls into.

Tamburi Investment Partners SpA Receivables Turnover Calculation

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

Tamburi Investment Partners 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 )
=	9.939	/ (	(0.508	+	0.442)	/	2 )
=	9.939	/	0.475
=	20.92

Tamburi Investment Partners SpA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1.885	/ (	(0.442	+	0.324)	/	2 )
=	1.885	/	0.383
=	4.92

Tamburi Investment Partners SpA (MIL:TIP) 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.

Tamburi Investment Partners SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Tamburi Investment Partners SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Tamburi Investment Partners SpA (MIL:TIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tamburi Investment Partners SpA (MIL:TIP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0G9J:UK T1I:Germany

Address

Via Pontaccio 10, Milan, ITA, 20121

Website

https://www.tipspa.it

Tamburi Investment Partners SpA is an independent investment merchant bank. It is engaged in minority investments and advisory in corporate finance transactions. The company involves in listed and unlisted companies as a shareholder for the transactions below certain benchmarks and also in corporate finance operations in particular acquisitions and sales through the division.