GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Value8 NV (XAMS:VALUE) » Definitions » Receivables Turnover

Value8 NV (XAMS:VALUE) Receivables Turnover : 6.20 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Value8 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. Value8 NV's Revenue for the six months ended in Dec. 2023 was €1.32 Mil. Value8 NV's average Accounts Receivable for the six months ended in Dec. 2023 was €0.21 Mil. Hence, Value8 NV's Receivables Turnover for the six months ended in Dec. 2023 was 6.20.


Value8 NV Receivables Turnover Historical Data

The historical data trend for Value8 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.

Value8 NV Receivables Turnover Chart

Value8 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 17.51 1.60 14.07 34.46 14.73

Value8 NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.16 34.15 5.21 22.64 6.20

Competitive Comparison of Value8 NV's Receivables Turnover

For the Asset Management subindustry, Value8 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.


Value8 NV's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Value8 NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Value8 NV's Receivables Turnover falls into.



Value8 NV Receivables Turnover Calculation

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

Value8 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 )
=3.285 / ((0.098 + 0.348) / 2 )
=3.285 / 0.223
=14.73

Value8 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 )
=1.315 / ((0.076 + 0.348) / 2 )
=1.315 / 0.212
=6.20

* 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.


Value8 NV  (XAMS:VALUE) 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.


Value8 NV Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Value8 NV's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Value8 NV (XAMS:VALUE) Business Description

Traded in Other Exchanges
Address
Brediusweg 33, Bussum, NH, NLD, 1401 AB
Value8 NV is an investment company with a focus on small and medium sized companies. The company invests in the food, healthcare, business and financial services sectors.

Value8 NV (XAMS:VALUE) Headlines

No Headlines