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CENTURION FINANCE (WAR:CTF) Receivables Turnover : 3.61 (As of Mar. 2024)


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What is CENTURION FINANCE 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. CENTURION FINANCE's Revenue for the three months ended in Mar. 2024 was zł0.16 Mil. CENTURION FINANCE's average Accounts Receivable for the three months ended in Mar. 2024 was zł0.04 Mil. Hence, CENTURION FINANCE's Receivables Turnover for the three months ended in Mar. 2024 was 3.61.


CENTURION FINANCE Receivables Turnover Historical Data

The historical data trend for CENTURION FINANCE'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.

CENTURION FINANCE Receivables Turnover Chart

CENTURION FINANCE Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,065.00 - -

CENTURION FINANCE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - - 0.59 3.03 3.61

Competitive Comparison of CENTURION FINANCE's Receivables Turnover

For the Asset Management subindustry, CENTURION FINANCE'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.


CENTURION FINANCE's Receivables Turnover Distribution in the Asset Management Industry

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

* The bar in red indicates where CENTURION FINANCE's Receivables Turnover falls into.



CENTURION FINANCE Receivables Turnover Calculation

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

CENTURION FINANCE'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 )
=-0.073 / ((0 + 0) / 1 )
=-0.073 / 0
=N/A

CENTURION FINANCE's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.159 / ((0.044 + 0) / 1 )
=0.159 / 0.044
=3.61

* 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.


CENTURION FINANCE  (WAR:CTF) 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.


CENTURION FINANCE Receivables Turnover Related Terms

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CENTURION FINANCE (WAR:CTF) Business Description

Traded in Other Exchanges
N/A
Address
Street Aleksandra Zajaca 22, Katowice, POL, 40-749
CENTURION FINANCE SA is an investment company. The company is engaged in investing in the segment of Private Equity and Venture Capital in Poland and other countries.

CENTURION FINANCE (WAR:CTF) Headlines

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