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Jss Real Estate Socimi (XMAD:YJSS) Receivables Turnover : 9.24 (As of Dec. 2023)


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What is Jss Real Estate Socimi 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. Jss Real Estate Socimi's Revenue for the six months ended in Dec. 2023 was €7.81 Mil. Jss Real Estate Socimi's average Accounts Receivable for the six months ended in Dec. 2023 was €0.85 Mil. Hence, Jss Real Estate Socimi's Receivables Turnover for the six months ended in Dec. 2023 was 9.24.


Jss Real Estate Socimi Receivables Turnover Historical Data

The historical data trend for Jss Real Estate Socimi'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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Jss Real Estate Socimi Receivables Turnover Chart

Jss Real Estate Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 8.84 6.85 - - 17.03

Jss Real Estate Socimi Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 13.73 13.25 13.94 4.31 9.24

Competitive Comparison of Jss Real Estate Socimi's Receivables Turnover

For the REIT - Office subindustry, Jss Real Estate Socimi'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.


Jss Real Estate Socimi's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Jss Real Estate Socimi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jss Real Estate Socimi's Receivables Turnover falls into.



Jss Real Estate Socimi Receivables Turnover Calculation

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

Jss Real Estate Socimi'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 )
=12.043 / ((0 + 0.707) / 1 )
=12.043 / 0.707
=17.03

Jss Real Estate Socimi'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 )
=7.811 / ((0.983 + 0.707) / 2 )
=7.811 / 0.845
=9.24

* 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.


Jss Real Estate Socimi  (XMAD:YJSS) 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.


Jss Real Estate Socimi Receivables Turnover Related Terms

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Jss Real Estate Socimi (XMAD:YJSS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Serrano 41, planta 4, Madrid, ESP, 28001
Jss Real Estate Socimi SA is a real estate investment trust. The company owns approximately two offices in the Community of Madrid.

Jss Real Estate Socimi (XMAD:YJSS) Headlines

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