Advance Equity Holding AD Sofia (XBUL:ADVE) Receivables Turnover : 6.13 (As of Sep. 2019)

Advance Equity Holding AD Sofia Receivables Turnover Chart

Advance Equity Holding AD Sofia Quarterly Data
	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19
Receivables Turnover	Get a 7-Day Free Trial															0.29	2.26	-	-	6.13

Competitive Comparison of Advance Equity Holding AD Sofia's Receivables Turnover

For the Asset Management subindustry, Advance Equity Holding AD Sofia'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.

Advance Equity Holding AD Sofia's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advance Equity Holding AD Sofia's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Advance Equity Holding AD Sofia's Receivables Turnover falls into.

Advance Equity Holding AD Sofia Receivables Turnover Calculation

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

Advance Equity Holding AD Sofia's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Advance Equity Holding AD Sofia's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

* 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.

Advance Equity Holding AD Sofia  (XBUL:ADVE) 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.

Advance Equity Holding AD Sofia Receivables Turnover Related Terms

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Advance Equity Holding AD Sofia (XBUL:ADVE) Business Description