Agencja Rozwoju Innowacji (WAR:ARI) Receivables Turnover : 0.81 (As of Jun. 2024)

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What is Agencja Rozwoju Innowacji 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. Agencja Rozwoju Innowacji's Revenue for the three months ended in Jun. 2024 was zł0.06 Mil. Agencja Rozwoju Innowacji's average Accounts Receivable for the three months ended in Jun. 2024 was zł0.07 Mil. Hence, Agencja Rozwoju Innowacji's Receivables Turnover for the three months ended in Jun. 2024 was 0.81.

Agencja Rozwoju Innowacji Receivables Turnover Historical Data

The historical data trend for Agencja Rozwoju Innowacji'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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Agencja Rozwoju Innowacji Receivables Turnover Chart

Agencja Rozwoju Innowacji Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.33

6.96

9.97

2.79

6.72

Agencja Rozwoju Innowacji Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															0.49	2.20	1.22	2.13	0.81

Competitive Comparison of Agencja Rozwoju Innowacji's Receivables Turnover

For the Specialty Business Services subindustry, Agencja Rozwoju Innowacji'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.

Agencja Rozwoju Innowacji's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Agencja Rozwoju Innowacji's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Agencja Rozwoju Innowacji's Receivables Turnover falls into.

Agencja Rozwoju Innowacji Receivables Turnover Calculation

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

Agencja Rozwoju Innowacji'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 )
=	0.279	/ (	(0.061	+	0.022)	/	2 )
=	0.279	/	0.0415
=	6.72

Agencja Rozwoju Innowacji'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: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	0.059	/ (	(0.071	+	0.075)	/	2 )
=	0.059	/	0.073
=	0.81

Agencja Rozwoju Innowacji (WAR:ARI) 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.

Agencja Rozwoju Innowacji Receivables Turnover Related Terms

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Agencja Rozwoju Innowacji Business Description

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Address

ul. Ostrodzka 38, Wroclaw, POL, 54-116

Website

http://www.arisa.com.pl

Agencja Rozwoju Innowacji SA offers Financial, Consulting and Training services. Financial services include getting finance in the form of a loan or a subsidy. Consulting service offers Export development strategy, Thematic strategies, Market analysis. Whereas Training projects are addressed both to companies and local government units in the formula of open and closed training.