Neinor Homes (XMAD:HOME) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Neinor 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. Neinor Homes's Revenue for the three months ended in Dec. 2023 was €0.0 Mil. Neinor Homes's average Accounts Receivable for the three months ended in Dec. 2023 was €58.9 Mil.

Neinor Homes Receivables Turnover Historical Data

The historical data trend for Neinor 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.

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Neinor Homes Receivables Turnover Chart

Neinor Homes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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36.34

47.14

54.84

42.96

15.76

Neinor Homes Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															6.11	6.90	22.24	-	-

Competitive Comparison of Neinor Homes's Receivables Turnover

For the Real Estate - Development subindustry, Neinor 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.

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

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

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

Neinor Homes Receivables Turnover Calculation

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

Neinor Homes'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 )
=	590.63	/ (	(11.561	+	63.398)	/	2 )
=	590.63	/	37.4795
=	15.76

Neinor Homes'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 )
=	0	/ (	(54.425	+	63.398)	/	2 )
=	0	/	58.9115
=	N/A

Neinor Homes (XMAD:HOME) 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.

Neinor Homes Receivables Turnover Related Terms

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Neinor Homes (XMAD:HOME) Business Description

Industry

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

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0RNU:UK 1NN:Germany

Address

Calle Ercilla 24, Bilbao, ESP, 48011

Website

https://www.neinorhomes.com

Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Asset management, Legacy, and Development. The company generates maximum revenue from the Development segment.