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Notoria Serwis (WAR:NTS) Receivables Turnover : 1.48 (As of Mar. 2024)


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What is Notoria Serwis 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. Notoria Serwis's Revenue for the three months ended in Mar. 2024 was zł0.91 Mil. Notoria Serwis's average Accounts Receivable for the three months ended in Mar. 2024 was zł0.62 Mil. Hence, Notoria Serwis's Receivables Turnover for the three months ended in Mar. 2024 was 1.48.


Notoria Serwis Receivables Turnover Historical Data

The historical data trend for Notoria Serwis'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.

Notoria Serwis Receivables Turnover Chart

Notoria Serwis Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 7.76 7.00 5.48 5.02

Notoria Serwis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.32 1.70 1.86 1.61 1.48

Competitive Comparison of Notoria Serwis's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, Notoria Serwis'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.


Notoria Serwis's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Notoria Serwis's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Notoria Serwis's Receivables Turnover falls into.



Notoria Serwis Receivables Turnover Calculation

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

Notoria Serwis'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 )
=3.564 / ((0.746 + 0.675) / 2 )
=3.564 / 0.7105
=5.02

Notoria Serwis'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: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.911 / ((0.675 + 0.556) / 2 )
=0.911 / 0.6155
=1.48

* 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.


Notoria Serwis  (WAR:NTS) 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.


Notoria Serwis Receivables Turnover Related Terms

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Notoria Serwis (WAR:NTS) Business Description

Traded in Other Exchanges
N/A
Address
ul. Miedziana 3A/17, Warszawa, POL, 00-814
Notoria Serwis SA develops, and delivers financial data. The company's main customers are news agencies, web portals, press releases, and investors.

Notoria Serwis (WAR:NTS) Headlines

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