Akiles SE (XMAD:TES) Receivables Turnover: 1.67 (As of Dec. 2019)


XMAD:TES Akiles Corp SE XMAD:TES
4 GF Score
Price €0.11
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What is Akiles SE Receivables Turnover?

Akiles SE XMAD:TES 4 Receivables Turnover is 1.67 as of Dec. 2019. GuruFocus rates XMAD:TES with a GF Score™ of 4/100.

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. Akiles SE's Revenue for the six months ended in Dec. 2019 was €2.33 Mil. Akiles SE's average Accounts Receivable for the six months ended in Dec. 2019 was €1.40 Mil. Hence, Akiles SE's Receivables Turnover for the six months ended in Dec. 2019 was 1.67.


Akiles SE  (XMAD:TES) 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.


Akiles SE Receivables Turnover Related Terms


Akiles SE Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Akiles SE'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.

Akiles SE Receivables Turnover Chart

Akiles SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial 0.81 0.85 0.53 3.31 3.58

Akiles SE Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 0.72 1.28 0.28 1.92 1.67

XMAD:TES vs WM, RSG, WCN: Receivables Turnover Comparison

For the Conglomerates subindustry, Akiles SE'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.


Akiles SE Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Akiles SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Akiles SE's Receivables Turnover falls into.


XMAD:TES
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Akiles Corp SE XMAD:TES
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Akiles SE Receivables Turnover Calculation

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

Akiles SE's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=3.856 / ((0.479 + 1.678) / 2 )
=3.856 / 1.0785
=3.58

Akiles SE's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Jun. 2019 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=2.329 / ((1.114 + 1.678) / 2 )
=2.329 / 1.396
=1.67

* 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 1.67 mean?
Akiles SE (XMAD:TES) has a Receivables Turnover of 1.67 as of Dec. 2019. 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 Akiles SE and its competitors.
Is Akiles SE's Receivables Turnover too high?
Akiles SE's current Receivables Turnover is 1.67. The Conglomerates industry median Receivables Turnover is 6.31. Akiles SE's value of 1.67 is 73.5% below this industry median. Overall, Akiles SE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Akiles SE's Receivables Turnover compare to WM and RSG?
Akiles SE's Receivables Turnover of 1.67 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. Akiles SE's value of 1.67 is 73.5% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. Akiles SE's current Receivables Turnover of 1.67 is 73.5% 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 Akiles SE and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akiles SE's current Receivables Turnover is 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akiles SE stock overvalued right now?
Akiles SE (XMAD:TES) has a current Receivables Turnover of 1.67. The current Receivables Turnover is 1.67 and 73.5% below the Conglomerates industry median of 6.31. Akiles SE's overall GF Score™ is 4/100. 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 Akiles SE (XMAD:TES), the current Receivables Turnover is 1.67 as of Dec. 2019. 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.

Akiles SE Business Description

Address VITOSHA Boulevard, Stolichna 68, 1st floor, Sofia, BGR, 1463
Akiles Corp SE is a conglomerate of businesses focused on the Infrastructure & Utilities and Tourism sectors that aims to consolidate its sales, profits and cash flows for the Group. The Company currently operates mainly in the Balkans, Spain and Greece.
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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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