Supply@ME Capital (STU:IE6B) Receivables Turnover : 1.92 (As of Jun. 2024)

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What is Supply@ME Capital 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. Supply@ME Capital's Revenue for the six months ended in Jun. 2024 was €0.05 Mil. Supply@ME Capital's average Accounts Receivable for the six months ended in Jun. 2024 was €0.02 Mil. Hence, Supply@ME Capital's Receivables Turnover for the six months ended in Jun. 2024 was 1.92.

Supply@ME Capital Receivables Turnover Historical Data

The historical data trend for Supply@ME Capital'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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Supply@ME Capital Receivables Turnover Chart

Supply@ME Capital Annual Data

Trend

Mar19

Mar20

Dec21

Dec22

Dec23

Receivables Turnover

0.60

0.38

0.33

13.83

14.64

Supply@ME Capital Semi-Annual Data
	Mar19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial						-	15.14	7.50	5.70	1.92

Competitive Comparison of Supply@ME Capital's Receivables Turnover

For the Software - Application subindustry, Supply@ME Capital'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.

Supply@ME Capital's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Supply@ME Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Supply@ME Capital's Receivables Turnover falls into.

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Supply@ME Capital Receivables Turnover Calculation

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

Supply@ME Capital'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 )
=	0.183	/ (	(0.008	+	0.017)	/	2 )
=	0.183	/	0.0125
=	14.64

Supply@ME Capital'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 )
=	0.046	/ (	(0.017	+	0.031)	/	2 )
=	0.046	/	0.024
=	1.92

Supply@ME Capital (STU:IE6B) 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.

Supply@ME Capital Receivables Turnover Related Terms

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Supply@ME Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Supply@ME Capital PLC (STU:IE6B) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SYME:UK

Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.supplymecapital.com

Supply@ME Capital PLC is an inventory monetization company. It helps companies manage their working capital related issues and inventory management. The company provides a digital platform for inventory monitoring. operating segments are inventory monetisation and investment advisory.

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