Axon Partners Group (XMAD:APG) Receivables Turnover : 3.99 (As of Dec. 2023)

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What is Axon Partners Group 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. Axon Partners Group's Revenue for the six months ended in Dec. 2023 was €19.89 Mil. Axon Partners Group's average Accounts Receivable for the six months ended in Dec. 2023 was €4.99 Mil. Hence, Axon Partners Group's Receivables Turnover for the six months ended in Dec. 2023 was 3.99.

Axon Partners Group Receivables Turnover Historical Data

The historical data trend for Axon Partners Group'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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Axon Partners Group Receivables Turnover Chart

Axon Partners Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.60

4.06

3.90

3.99

Axon Partners Group Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Receivables Turnover	3.60	4.06	3.90	3.99

Competitive Comparison of Axon Partners Group's Receivables Turnover

For the Consulting Services subindustry, Axon Partners Group'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.

Axon Partners Group's Receivables Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where Axon Partners Group's Receivables Turnover falls into.

Axon Partners Group Receivables Turnover Calculation

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

Axon Partners Group'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 )
=	19.89	/ (	(5.036	+	4.945)	/	2 )
=	19.89	/	4.9905
=	3.99

Axon Partners Group'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: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	19.89	/ (	(5.036	+	4.945)	/	2 )
=	19.89	/	4.9905
=	3.99

Axon Partners Group (XMAD:APG) 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.

Axon Partners Group Receivables Turnover Related Terms

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Axon Partners Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Axon Partners Group SA (XMAD:APG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004

Website

https://www.axonpartnersgroup.com

Axon Partners Group SA is an investment and consulting firm. It offers advisory services in the area of Cybersecurity, Digital Platforms, Cloud, Fog & Edge Computing, AI & Big Data, Cleantech, and Sustainability, among others. It also investment strategies consisting Direct Investment, Fund of Funds, Corporate Venture Capital, and Special Opportunities.