Ferretti SpA (MIL:YACHT) Receivables Turnover : 19.20 (As of Dec. 2024)

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What is Ferretti 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. Ferretti SpA's Revenue for the six months ended in Dec. 2024 was €594 Mil. Ferretti SpA's average Accounts Receivable for the six months ended in Dec. 2024 was €31 Mil. Hence, Ferretti SpA's Receivables Turnover for the six months ended in Dec. 2024 was 19.20.

Ferretti SpA Receivables Turnover Historical Data

The historical data trend for Ferretti 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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Ferretti SpA Receivables Turnover Chart

Ferretti SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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37.08

84.07

78.83

57.53

42.14

Ferretti SpA Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial						39.16	30.53	25.47	27.02	19.20

Competitive Comparison of Ferretti SpA's Receivables Turnover

For the Recreational Vehicles subindustry, Ferretti 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.

Ferretti SpA's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferretti SpA's Receivables Turnover distribution charts can be found below:

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

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Ferretti SpA Receivables Turnover Calculation

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

Ferretti SpA's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1240.347	/ (	(22.427	+	36.437)	/	2 )
=	1240.347	/	29.432
=	42.14

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

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	593.931	/ (	(25.424	+	36.437)	/	2 )
=	593.931	/	30.9305
=	19.20

Ferretti SpA (MIL:YACHT) 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.

Ferretti SpA Receivables Turnover Related Terms

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Ferretti SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferretti SpA (MIL:YACHT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

09638:Hong Kong F3T1:Germany

Address

Via Ansaldo, 7, Forli, ITA, 47122

Website

https://www.ferrettigroup.com

Ferretti SpA is an Italy based company. The company is engaged in the Sale of yachts to order (sale of composite yachts, made-to-measure yachts and super yachts) and the Sale of used boats.

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