New Amsterdam Invest NV (XAMS:NAI) Receivables Turnover : 7.83 (As of Dec. 2023)

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What is New Amsterdam Invest 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. New Amsterdam Invest NV's Revenue for the six months ended in Dec. 2023 was €4.04 Mil. New Amsterdam Invest NV's average Accounts Receivable for the six months ended in Dec. 2023 was €0.52 Mil. Hence, New Amsterdam Invest NV's Receivables Turnover for the six months ended in Dec. 2023 was 7.83.

New Amsterdam Invest NV Receivables Turnover Historical Data

The historical data trend for New Amsterdam Invest 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.

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New Amsterdam Invest NV Receivables Turnover Chart

New Amsterdam Invest NV Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

8.89

New Amsterdam Invest NV Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	-	-	7.83

Competitive Comparison of New Amsterdam Invest NV's Receivables Turnover

For the Shell Companies subindustry, New Amsterdam Invest 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.

New Amsterdam Invest NV's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, New Amsterdam Invest NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where New Amsterdam Invest NV's Receivables Turnover falls into.

New Amsterdam Invest NV Receivables Turnover Calculation

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

New Amsterdam Invest 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 )
=	4.586	/ (	(0	+	0.516)	/	1 )
=	4.586	/	0.516
=	8.89

New Amsterdam Invest 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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	4.042	/ (	(0	+	0.516)	/	1 )
=	4.042	/	0.516
=	7.83

New Amsterdam Invest NV (XAMS:NAI) 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.

New Amsterdam Invest NV Receivables Turnover Related Terms

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New Amsterdam Invest NV (XAMS:NAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » New Amsterdam Invest NV (XAMS:NAI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

4C4:Germany

Address

Herengracht 280, Amsterdam, NLD, 1016 BX

Website

https://www.newamsterdaminvest.nl

New Amsterdam Invest NV is a special purpose acquisition company. The main purpose of the company is to acquire a significant stake in a business or company in the commercial real estate sector with principal operations in Europe, preferably in the Netherlands, Germany, the United Kingdom, or the United States of America.

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