Aedas Homes (XMAD:AEDAS) Receivables Turnover : 18.16 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Aedas Homes 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. Aedas Homes's Revenue for the six months ended in Mar. 2024 was €915 Mil. Aedas Homes's average Accounts Receivable for the six months ended in Mar. 2024 was €50 Mil. Hence, Aedas Homes's Receivables Turnover for the six months ended in Mar. 2024 was 18.16.

Aedas Homes Receivables Turnover Historical Data

The historical data trend for Aedas Homes'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.

Aedas Homes Receivables Turnover Chart

Aedas Homes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

7.73

15.06

14.03

17.36

22.36

Aedas Homes Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial										9.00	3.77	15.32	5.57	18.16

Competitive Comparison of Aedas Homes's Receivables Turnover

For the Real Estate - Development subindustry, Aedas Homes'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.

Aedas Homes's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aedas Homes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aedas Homes's Receivables Turnover falls into.

Aedas Homes Receivables Turnover Calculation

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

Aedas Homes's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1144.669	/ (	(42.15	+	60.227)	/	2 )
=	1144.669	/	51.1885
=	22.36

Aedas Homes's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	914.631	/ (	(40.493	+	60.227)	/	2 )
=	914.631	/	50.36
=	18.16

Aedas Homes (XMAD:AEDAS) 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.

Aedas Homes Receivables Turnover Related Terms

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

Aedas Homes (XMAD:AEDAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aedas Homes SA (XMAD:AEDAS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0RV8:UK

Address

Paseo de la Castellana, 42, planta 8, Madrid, ESP, 28046

Website

https://www.aedashomes.com

Aedas Homes SA is a Spain based company engages in the acquisition and development of properties. It is a real estate developer that offers different types of homes in Spain, including apartments, houses, villas, duplexes and others. The company focuses on Alicante, Barcelona, Madrid, Malaga, Mallorca, Seville, and other regions of Spain.

Aedas Homes (XMAD:AEDAS) Headlines

No Headlines