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Venda SE (WAR:AER) Receivables Turnover : 0.33 (As of Mar. 2023)


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What is Venda SE 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. Venda SE's Revenue for the three months ended in Mar. 2023 was zł0.45 Mil. Venda SE's average Accounts Receivable for the three months ended in Mar. 2023 was zł1.35 Mil. Hence, Venda SE's Receivables Turnover for the three months ended in Mar. 2023 was 0.33.


Venda SE Receivables Turnover Historical Data

The historical data trend for Venda SE'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.

Venda SE Receivables Turnover Chart

Venda SE 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 13.58 6.89 5.45 4.83 5.00

Venda SE Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.45 0.67 0.20 1.88 0.33

Competitive Comparison of Venda SE's Receivables Turnover

For the Asset Management subindustry, Venda SE'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.


Venda SE's Receivables Turnover Distribution in the Asset Management Industry

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

* The bar in red indicates where Venda SE's Receivables Turnover falls into.



Venda SE Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=6.313 / ((1.834 + 0.693) / 2 )
=6.313 / 1.2635
=5.00

Venda SE's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=0.45 / ((0.693 + 2.013) / 2 )
=0.45 / 1.353
=0.33

* 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.


Venda SE  (WAR:AER) 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.


Venda SE Receivables Turnover Related Terms

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Venda SE (WAR:AER) Business Description

Traded in Other Exchanges
N/A
Address
Wolczanska Street 125, Lodz, POL, 90-521
Venda SE is an investment fund company supporting the development of entrepreneurship, providing strategic consultancy services dedicated to entrepreneurs and running projects related to the restructuring of enterprises.