Litho Formas (XLIS:LIT) Receivables Turnover: 4.90 (As of Dec. 2021)

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XLIS:LIT Litho Formas SA XLIS:LIT
62 GF Score
Price €2.44
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What is Litho Formas Receivables Turnover?

Litho Formas XLIS:LIT 62 Receivables Turnover is 4.90 as of Dec. 2021. GuruFocus rates XLIS:LIT with a GF Score™ of 62/100.

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. Litho Formas's Revenue for the six months ended in Dec. 2021 was €0.25 Mil. Litho Formas's average Accounts Receivable for the six months ended in Dec. 2021 was €0.05 Mil. Hence, Litho Formas's Receivables Turnover for the six months ended in Dec. 2021 was 4.90.


Litho Formas  (XLIS:LIT) 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.


Litho Formas Receivables Turnover Related Terms


Litho Formas Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Litho Formas'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.

Litho Formas Receivables Turnover Chart

Litho Formas Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.98 3.10 6.53 4.90

Litho Formas Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 1.86 1.98 3.10 6.53 4.90

XLIS:LIT vs CTAS, GPN, ARMK: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Litho Formas'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.


Litho Formas Receivables Turnover vs Business Services Industry

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

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


XLIS:LIT
62GF Score
Litho Formas SA XLIS:LIT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Litho Formas Receivables Turnover Calculation

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

Litho Formas'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 )
=0.245 / ((0.05 + 0.05) / 2 )
=0.245 / 0.05
=4.90

Litho Formas's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=0.245 / ((0.05 + 0.05) / 2 )
=0.245 / 0.05
=4.90

* 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 4.90 mean?
Litho Formas (XLIS:LIT) has a Receivables Turnover of 4.90 as of Dec. 2021. 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 Litho Formas and its competitors.
Is Litho Formas' Receivables Turnover too high?
Litho Formas' current Receivables Turnover is 4.90. The Business Services industry median Receivables Turnover is 6.32. Litho Formas' value of 4.90 is 22.4% below this industry median. Overall, Litho Formas has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Litho Formas' Receivables Turnover compare to CTAS and GPN?
Litho Formas' Receivables Turnover of 4.90 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.32. Litho Formas' value of 4.90 is 22.4% 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 6.32, based on 1,060 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. Litho Formas's current Receivables Turnover of 4.90 is 22.4% 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 Litho Formas and its competitors. For the Business Services industry, the median Receivables Turnover is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litho Formas's current Receivables Turnover is 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litho Formas stock overvalued right now?
Litho Formas (XLIS:LIT) has a current Receivables Turnover of 4.90. The current Receivables Turnover is 4.90 and 22.4% below the Business Services industry median of 6.32. Litho Formas' overall GF Score™ is 62/100. 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 Litho Formas (XLIS:LIT), the current Receivables Turnover is 4.90 as of Dec. 2021. 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.

Litho Formas Business Description

Address Rua D. Nuno Alvares Pereira, Vale de Figueira, S. João da Talha, Sacavem, PRT, 2695 - 748
Litho Formas SA is in printing services. It offers printing services in the areas of business communication, marketing communication, CPD or finishing, security printing, ticketing, and parking, as well as offers label solutions.
62GF Score

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