Revenga Ingenieros (XMAD:RSS) Receivables Turnover: 1.20 (As of Jun. 2024)


XMAD:RSS Revenga Ingenieros SA XMAD:RSS
10 GF Score
Price €0.75
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What is Revenga Ingenieros Receivables Turnover?

Revenga Ingenieros XMAD:RSS 10 Receivables Turnover is 1.20 as of Jun. 2024. GuruFocus rates XMAD:RSS with a GF Score™ of 10/100.

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. Revenga Ingenieros's Revenue for the six months ended in Jun. 2024 was €15.30 Mil. Revenga Ingenieros's average Accounts Receivable for the six months ended in Jun. 2024 was €12.77 Mil. Hence, Revenga Ingenieros's Receivables Turnover for the six months ended in Jun. 2024 was 1.20.


Revenga Ingenieros  (XMAD:RSS) 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.


Revenga Ingenieros Receivables Turnover Related Terms


Revenga Ingenieros Receivables Turnover Historical Data

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The historical data trend for Revenga Ingenieros'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.

Revenga Ingenieros Receivables Turnover Chart

Revenga Ingenieros Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
1.54 2.02 2.45 2.09

Revenga Ingenieros Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 0.77 1.40 1.20

XMAD:RSS vs IBM, ACN, FI: Receivables Turnover Comparison

For the Information Technology Services subindustry, Revenga Ingenieros'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.


Revenga Ingenieros Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Revenga Ingenieros's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Revenga Ingenieros's Receivables Turnover falls into.


XMAD:RSS
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Revenga Ingenieros SA XMAD:RSS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Revenga Ingenieros Receivables Turnover Calculation

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

Revenga Ingenieros's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=36.374 / ((19.183 + 15.543) / 2 )
=36.374 / 17.363
=2.09

Revenga Ingenieros's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=15.3 / ((15.543 + 9.99) / 2 )
=15.3 / 12.7665
=1.20

* 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 1.20 mean?
Revenga Ingenieros (XMAD:RSS) has a Receivables Turnover of 1.20 as of Jun. 2024. 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 Revenga Ingenieros and its competitors.
Is Revenga Ingenieros' Receivables Turnover too high?
Revenga Ingenieros' current Receivables Turnover is 1.20. The Software industry median Receivables Turnover is 5.68. Revenga Ingenieros' value of 1.20 is 78.9% below this industry median. Overall, Revenga Ingenieros has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Revenga Ingenieros' Receivables Turnover compare to IBM and ACN?
Revenga Ingenieros' Receivables Turnover of 1.20 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.68. Revenga Ingenieros' value of 1.20 is 78.9% 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 Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,766 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. Revenga Ingenieros's current Receivables Turnover of 1.20 is 78.9% 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 Revenga Ingenieros and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Revenga Ingenieros's current Receivables Turnover is 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revenga Ingenieros stock overvalued right now?
Revenga Ingenieros (XMAD:RSS) has a current Receivables Turnover of 1.20. The current Receivables Turnover is 1.20 and 78.9% below the Software industry median of 5.68. Revenga Ingenieros' overall GF Score™ is 10/100. 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 Revenga Ingenieros (XMAD:RSS), the current Receivables Turnover is 1.20 as of Jun. 2024. 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.

Revenga Ingenieros Business Description

Address Calle Fragua 6, Tres Cantos, Madrid, ESP, 28760
Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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