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Hypoport AG (WBO:HYQ) Receivables Turnover : 1.45 (As of Dec. 2023)


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What is Hypoport AG 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. Hypoport AG's Revenue for the three months ended in Dec. 2023 was €92.8 Mil. Hypoport AG's average Accounts Receivable for the three months ended in Dec. 2023 was €64.1 Mil. Hence, Hypoport AG's Receivables Turnover for the three months ended in Dec. 2023 was 1.45.


Hypoport AG Receivables Turnover Historical Data

The historical data trend for Hypoport AG'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.

Hypoport AG Receivables Turnover Chart

Hypoport AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 6.13 6.03 6.16 5.31

Hypoport AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.24 1.47 1.47 1.45 1.45

Competitive Comparison of Hypoport AG's Receivables Turnover

For the Credit Services subindustry, Hypoport AG'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.


Hypoport AG's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hypoport AG's Receivables Turnover distribution charts can be found below:

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



Hypoport AG Receivables Turnover Calculation

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

Hypoport AG'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 )
=359.9 / ((69.962 + 65.588) / 2 )
=359.9 / 67.775
=5.31

Hypoport AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=92.775 / ((62.601 + 65.588) / 2 )
=92.775 / 64.0945
=1.45

* 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.


Hypoport AG  (WBO:HYQ) 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.


Hypoport AG Receivables Turnover Related Terms

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Hypoport AG (WBO:HYQ) Business Description

Traded in Other Exchanges
Address
Heidestr 8, Berlin, BB, DEU, 10557
Hypoport AG operates as a technology-based financial service provider in Germany. Business activity of the group is divided into Credit Platform, Private Clients, Real Estate Platform, Insurance Platform, Holding and Reconciliation. It generates maximum revenue from the Credit Platform segment. The Credit Platform segment focuses on financial product distributors and product suppliers. Its Private Clients segment offers mortgage finance, personal loans, insurance, current accounts, and deposit accounts through two distribution channels.

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