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Q.Beyond AG (Q.Beyond AG) Receivables Turnover : 1.58 (As of Dec. 2023)


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What is Q.Beyond AG 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. Q.Beyond AG's Revenue for the three months ended in Dec. 2023 was $55.40 Mil. Q.Beyond AG's average Accounts Receivable for the three months ended in Dec. 2023 was $35.08 Mil. Hence, Q.Beyond AG's Receivables Turnover for the three months ended in Dec. 2023 was 1.58.


Q.Beyond AG Receivables Turnover Historical Data

The historical data trend for Q.Beyond AG'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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Q.Beyond AG Receivables Turnover Chart

Q.Beyond AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.53 4.39 4.12 4.47 5.21

Q.Beyond AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 1.24 1.32 1.47 1.43 1.58

Competitive Comparison of Q.Beyond AG's Receivables Turnover

For the Information Technology Services subindustry, Q.Beyond AG'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.


Q.Beyond AG's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Q.Beyond AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Q.Beyond AG's Receivables Turnover falls into.



Q.Beyond AG Receivables Turnover Calculation

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

Q.Beyond AG'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 )
=206.412 / ((42.035 + 37.225) / 2 )
=206.412 / 39.63
=5.21

Q.Beyond AG'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=55.402 / ((32.938 + 37.225) / 2 )
=55.402 / 35.0815
=1.58

* 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.


Q.Beyond AG  (OTCPK:QSCYY) 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.


Q.Beyond AG Receivables Turnover Related Terms

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Q.Beyond AG (Q.Beyond AG) Business Description

Traded in Other Exchanges
Address
Richard-Byrd-Strasse 4, Cologne, DEU, 50829
Q.Beyond AG helps its customers find digital solutions for their business and then put them into practice. The company is into Cloud, SAP, and IoT. It focuses on a digital branch, tailored cloud, SAP S / 4HANA, and cyber security.

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