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Technical Publications Service SpA (MIL:TPS) Receivables Turnover : 1.16 (As of Jun. 2024)


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What is Technical Publications Service 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. Technical Publications Service SpA's Revenue for the six months ended in Jun. 2024 was €25.85 Mil. Technical Publications Service SpA's average Accounts Receivable for the six months ended in Jun. 2024 was €22.22 Mil. Hence, Technical Publications Service SpA's Receivables Turnover for the six months ended in Jun. 2024 was 1.16.


Technical Publications Service SpA Receivables Turnover Historical Data

The historical data trend for Technical Publications Service 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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Technical Publications Service SpA Receivables Turnover Chart

Technical Publications Service SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 2.51 1.85 2.39 2.54 2.48

Technical Publications Service SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 1.25 1.43 1.25 1.16

Competitive Comparison of Technical Publications Service SpA's Receivables Turnover

For the Airports & Air Services subindustry, Technical Publications Service 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.


Technical Publications Service SpA's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Technical Publications Service SpA's Receivables Turnover falls into.


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Technical Publications Service SpA Receivables Turnover Calculation

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

Technical Publications Service 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 )
=46.799 / ((14.527 + 23.217) / 2 )
=46.799 / 18.872
=2.48

Technical Publications Service 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 )
=25.845 / ((23.217 + 21.231) / 2 )
=25.845 / 22.224
=1.16

* 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.


Technical Publications Service SpA  (MIL:TPS) 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.


Technical Publications Service SpA Receivables Turnover Related Terms

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Technical Publications Service SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Lazzaretto 12/C, Gallarate, ITA, 21013
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.

Technical Publications Service SpA Headlines

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