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PlanetHome Investment AG (STU:ILK1) Receivables Turnover : 7.29 (As of Dec. 2021)


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What is PlanetHome Investment 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. PlanetHome Investment AG's Revenue for the six months ended in Dec. 2021 was €0.31 Mil. PlanetHome Investment AG's average Accounts Receivable for the six months ended in Dec. 2021 was €0.04 Mil. Hence, PlanetHome Investment AG's Receivables Turnover for the six months ended in Dec. 2021 was 7.29.


PlanetHome Investment AG Receivables Turnover Historical Data

The historical data trend for PlanetHome Investment 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.

* Premium members only.

PlanetHome Investment AG Receivables Turnover Chart

PlanetHome Investment AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.29

PlanetHome Investment AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 7.29

Competitive Comparison of PlanetHome Investment AG's Receivables Turnover

For the Asset Management subindustry, PlanetHome Investment 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.


PlanetHome Investment AG's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PlanetHome Investment AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PlanetHome Investment AG's Receivables Turnover falls into.



PlanetHome Investment AG Receivables Turnover Calculation

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

PlanetHome Investment AG's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0.306 / ((0 + 0.042) / 1 )
=0.306 / 0.042
=7.29

PlanetHome Investment AG's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=0.306 / ((0 + 0.042) / 1 )
=0.306 / 0.042
=7.29

* 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.


PlanetHome Investment AG  (STU:ILK1) 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.


PlanetHome Investment AG Receivables Turnover Related Terms

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PlanetHome Investment AG (STU:ILK1) Business Description

Traded in Other Exchanges
N/A
Address
Uhlandstrasse 175, Berlin, DEU, 10719
PlanetHome Investment AG is engaged in providing crowdfunding services through mezzanine financing. It allows investors to invest in real estate projects throughout Germany.

PlanetHome Investment AG (STU:ILK1) Headlines

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