Shoper (WAR:SHO) Receivables Turnover : 4.40 (As of Mar. 2024)

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What is Shoper 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. Shoper's Revenue for the three months ended in Mar. 2024 was zł44.2 Mil. Shoper's average Accounts Receivable for the three months ended in Mar. 2024 was zł10.0 Mil. Hence, Shoper's Receivables Turnover for the three months ended in Mar. 2024 was 4.40.

Shoper Receivables Turnover Historical Data

The historical data trend for Shoper'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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Shoper Receivables Turnover Chart

Shoper Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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25.51

25.47

23.06

20.70

17.46

Shoper Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial													4.89	5.35	5.34	4.97	4.40

Competitive Comparison of Shoper's Receivables Turnover

For the Software - Application subindustry, Shoper'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.

Shoper's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Shoper's Receivables Turnover distribution charts can be found below:

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

Shoper Receivables Turnover Calculation

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

Shoper'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 )
=	152.595	/ (	(7.364	+	10.113)	/	2 )
=	152.595	/	8.7385
=	17.46

Shoper'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 )
=	44.193	/ (	(10.113	+	9.968)	/	2 )
=	44.193	/	10.0405
=	4.40

Shoper (WAR:SHO) 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.

Shoper Receivables Turnover Related Terms

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Shoper (WAR:SHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shoper SA (WAR:SHO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. W?adys?awa Lokietka 79, Krakow, POL, 31-280

Website

https://www.shoper.pl

Shoper SA is a leader on the Polish market of software vendors for e-commerce in the SaaS model. It enables entrepreneurs to conveniently, quickly and easily set up own online store and conduct sales in the online channel. The comprehensive offer of the company consists of the Shoper platform available as a subscription, allowing for flexible adaptation to the needs of a given client, and a number of services sold in the pay-as-you-grow model, directly correlated with the number of orders or turnover generated through stores on the platform.