VISTAL Gdynia (STU:2VG) Receivables Turnover: 1.34 (As of Sep. 2023)

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STU:2VG VISTAL Gdynia SA STU:2VG
4 GF Score
Price €0.12
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What is VISTAL Gdynia Receivables Turnover?

VISTAL Gdynia STU:2VG 4 Receivables Turnover is 1.34 as of Sep. 2023. GuruFocus rates STU:2VG with a GF Score™ of 4/100.

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. VISTAL Gdynia's Revenue for the three months ended in Sep. 2023 was €1.77 Mil. VISTAL Gdynia's average Accounts Receivable for the three months ended in Sep. 2023 was €1.33 Mil. Hence, VISTAL Gdynia's Receivables Turnover for the three months ended in Sep. 2023 was 1.34.


VISTAL Gdynia  (STU:2VG) 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.


VISTAL Gdynia Receivables Turnover Related Terms


VISTAL Gdynia Receivables Turnover Historical Data

* Premium members only.

The historical data trend for VISTAL Gdynia'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.

VISTAL Gdynia Receivables Turnover Chart

VISTAL Gdynia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 4.22 8.71 5.44 9.75

VISTAL Gdynia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.80 1.85 1.48 1.10 1.34

STU:2VG vs PWR, J: Receivables Turnover Comparison

For the Engineering & Construction subindustry, VISTAL Gdynia'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.


VISTAL Gdynia Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, VISTAL Gdynia's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where VISTAL Gdynia's Receivables Turnover falls into.


STU:2VG
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VISTAL Gdynia SA STU:2VG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VISTAL Gdynia Receivables Turnover Calculation

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

VISTAL Gdynia's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=17.365 / ((2.034 + 1.527) / 2 )
=17.365 / 1.7805
=9.75

VISTAL Gdynia's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1.774 / ((1.539 + 1.117) / 2 )
=1.774 / 1.328
=1.34

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.34 mean?
VISTAL Gdynia (STU:2VG) has a Receivables Turnover of 1.34 as of Sep. 2023. The accounts 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. View historical data on VISTAL Gdynia and its competitors.
Is VISTAL Gdynia's Receivables Turnover too high?
VISTAL Gdynia's current Receivables Turnover is 1.34. The Construction industry median Receivables Turnover is 4.81. VISTAL Gdynia's value of 1.34 is 72.1% below this industry median. Overall, VISTAL Gdynia has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does VISTAL Gdynia's Receivables Turnover compare to PWR and J?
VISTAL Gdynia's Receivables Turnover of 1.34 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.81. VISTAL Gdynia's value of 1.34 is 72.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,767 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VISTAL Gdynia's current Receivables Turnover of 1.34 is 72.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on VISTAL Gdynia and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VISTAL Gdynia's current Receivables Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VISTAL Gdynia stock overvalued right now?
VISTAL Gdynia (STU:2VG) has a current Receivables Turnover of 1.34. The current Receivables Turnover is 1.34 and 72.1% below the Construction industry median of 4.81. VISTAL Gdynia's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For VISTAL Gdynia (STU:2VG), the current Receivables Turnover is 1.34 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VISTAL Gdynia Business Description

Address ul. Hutnicza 40, Gdynia, POL, 81-061
VISTAL Gdynia SA is a leading manufacturer of steel structures for the construction, energy, shipbuilding and offshore industries. Geographically, the company operates in Poland and abroad. The business area of ??activity of the company is prefabrication, assembly, anti-corrosion works, testing of bridge, shipbuilding, wind energy and Offshore facilities.
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