GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Euronext NV (XAMS:ENX) » Definitions » Receivables Turnover

Euronext NV (XAMS:ENX) Receivables Turnover : 3.83 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Euronext NV 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. Euronext NV's Revenue for the three months ended in Dec. 2023 was €1,113.44 Mil. Euronext NV's average Accounts Receivable for the three months ended in Dec. 2023 was €290.69 Mil. Hence, Euronext NV's Receivables Turnover for the three months ended in Dec. 2023 was 3.83.

Euronext NV Receivables Turnover Historical Data

The historical data trend for Euronext NV'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.

Euronext NV Receivables Turnover Chart

Euronext NV 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 8.25 8.78 6.47 5.03 5.51

Euronext NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 1.07 0.98 - 3.83 1.53

Competitive Comparison of Euronext NV's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, Euronext NV'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.

Euronext NV's Receivables Turnover Distribution in the Capital Markets Industry

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

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


Euronext NV Receivables Turnover Calculation

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

Euronext NV'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 )
=1473.536 / ((271.829 + 262.975) / 2 )
=1473.536 / 267.402
=5.51

Euronext NV'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 )
=1113.436 / ((318.4 + 262.975) / 2 )
=1113.436 / 290.6875
=3.83

* 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.

Euronext NV  (XAMS:ENX) 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.

Euronext NV Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Euronext NV's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Euronext NV (XAMS:ENX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Euronext NV (XAMS:ENX) » Definitions » Receivables Turnover
Comparable Companies
XPAR:EEM XPAR:IDIP XPAR:AMUN XPAR:EGR XPAR:ALHGO XPAR:ABCA XPAR:ALBON XPAR:ALMEX XPAR:PEUG XPAR:TKO SPGI CME ICE MCO LSE:LSEG COIN HKSE:00388 MSCI XTER:DB1 NDAQ
Traded in Other Exchanges
ERNXY:USA EUXTF:USA ENXp:UK 0QVJ:UK ENX:France ENXB:Germany
Address
Beursplein 5, Amsterdam, NLD, 1012 JW
Website
https://www.euronext.com
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.