publity AG (STU:PBY) Receivables Turnover : 2.56 (As of Dec. 2023)

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What is publity 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. publity AG's Revenue for the six months ended in Dec. 2023 was €6.67 Mil. publity AG's average Accounts Receivable for the six months ended in Dec. 2023 was €2.61 Mil. Hence, publity AG's Receivables Turnover for the six months ended in Dec. 2023 was 2.56.

publity AG Receivables Turnover Historical Data

The historical data trend for publity 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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publity AG Receivables Turnover Chart

publity AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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15.22

5.25

10.14

4.31

8.52

publity AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															-	7.96	-	0.73	2.56

Competitive Comparison of publity AG's Receivables Turnover

For the Real Estate Services subindustry, publity 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.

publity AG's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, publity AG's Receivables Turnover distribution charts can be found below:

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

publity AG Receivables Turnover Calculation

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

publity 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 )
=	8.681	/ (	(1.164	+	0.873)	/	2 )
=	8.681	/	1.0185
=	8.52

publity 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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6.672	/ (	(4.347	+	0.873)	/	2 )
=	6.672	/	2.61
=	2.56

publity AG (STU:PBY) 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.

publity AG Receivables Turnover Related Terms

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publity AG Business Description

Industry

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Traded in Other Exchanges

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Address

Bockenheimer Landstrasse 2–4, Opernturm, Frankfurt am Main, DEU, 60306

Website

https://www.publity.org

publity AG is an asset manager and investor specializing in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and sale of real estate.