Incergo (WBO:ICG) Receivables Turnover: 3.00 (As of Jun. 2023)

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WBO:ICG Incergo SA WBO:ICG
19 GF Score
Price €1.61
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What is Incergo Receivables Turnover?

Incergo WBO:ICG 19 Receivables Turnover is 3.00 as of Jun. 2023. GuruFocus rates WBO:ICG with a GF Score™ of 19/100.

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. Incergo's Revenue for the six months ended in Jun. 2023 was €1.45 Mil. Incergo's average Accounts Receivable for the six months ended in Jun. 2023 was €0.48 Mil. Hence, Incergo's Receivables Turnover for the six months ended in Jun. 2023 was 3.00.


Incergo  (WBO:ICG) 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.


Incergo Receivables Turnover Related Terms


Incergo Receivables Turnover Historical Data

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The historical data trend for Incergo'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.

Incergo Receivables Turnover Chart

Incergo Annual Data
Trend Dec20 Dec21
Receivables Turnover
0.00 0.00

Incergo Semi-Annual Data
Dec20 Dec21 Jun22 Jun23
Receivables Turnover 0.00 0.00 0.00 3.00

WBO:ICG vs : Receivables Turnover Comparison

For the Specialty Business Services subindustry, Incergo'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.


Incergo Receivables Turnover vs Business Services Industry

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

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


WBO:ICG
19GF Score
Incergo SA WBO:ICG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Incergo Receivables Turnover Calculation

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

Incergo's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Incergo's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=1.45 / ((0 + 0.483) / 1 )
=1.45 / 0.483
=3.00

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.00 mean?
Incergo (WBO:ICG) has a Receivables Turnover of 3.00 as of Jun. 2023. The accounts 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. View historical data on Incergo and its competitors.
Is Incergo's Receivables Turnover too high?
Incergo's current Receivables Turnover is 3.00. The Business Services industry median Receivables Turnover is 6.19. Incergo's value of 3.00 is 51.5% below this industry median. Overall, Incergo has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Incergo's Receivables Turnover compare to ?
Incergo's Receivables Turnover of 3.00 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.19. Incergo's value of 3.00 is 51.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.19, based on 1,061 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Incergo's current Receivables Turnover of 3.00 is 51.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Incergo and its competitors. For the Business Services industry, the median Receivables Turnover is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Incergo's current Receivables Turnover is 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incergo stock overvalued right now?
Incergo (WBO:ICG) has a current Receivables Turnover of 3.00. The current Receivables Turnover is 3.00 and 51.5% below the Business Services industry median of 6.19. Incergo's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Incergo (WBO:ICG), the current Receivables Turnover is 3.00 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Incergo Business Description

Comparable Companies
Address 33 rue du Puits Romain, Bertrange, LUX, L-8070
Incergo SA is a holding company that acquires companies that are master franchise businesses. It offers all master franchisors and their franchisees various services including Share support services, Management expertise, Marketing and branding, and Customer service.
19GF Score

Get the complete analysis for WBO:ICG

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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