Cerinnov Group (XPAR:ALPCV) Receivables Turnover: 1.06 (As of Dec. 2024)

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What is Cerinnov Group Receivables Turnover?

Cerinnov Group XPAR:ALPCV Receivables Turnover is 1.06 as of Dec. 2024.

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. Cerinnov Group's Revenue for the six months ended in Dec. 2024 was €5.94 Mil. Cerinnov Group's average Accounts Receivable for the six months ended in Dec. 2024 was €5.60 Mil. Hence, Cerinnov Group's Receivables Turnover for the six months ended in Dec. 2024 was 1.06.


Cerinnov Group  (XPAR:ALPCV) 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.


Cerinnov Group Receivables Turnover Related Terms


Cerinnov Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Cerinnov 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.

Cerinnov Group Receivables Turnover Chart

Cerinnov Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 2.46 2.59 2.17 2.15

Cerinnov Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 1.03 1.37 1.05 1.06

XPAR:ALPCV vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Cerinnov 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.


Cerinnov Group Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cerinnov Group's Receivables Turnover distribution charts can be found below:

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



Cerinnov Group Receivables Turnover Calculation

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

Cerinnov Group's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=12.411 / ((6.323 + 5.233) / 2 )
=12.411 / 5.778
=2.15

Cerinnov Group's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=5.943 / ((5.974 + 5.233) / 2 )
=5.943 / 5.6035
=1.06

* 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 1.06 mean?
Cerinnov Group (XPAR:ALPCV) has a Receivables Turnover of 1.06 as of Dec. 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 Cerinnov Group and its competitors.
Is Cerinnov Group's Receivables Turnover too high?
Cerinnov Group's current Receivables Turnover is 1.06. The Industrial Products industry median Receivables Turnover is 4.45. Cerinnov Group's value of 1.06 is 76.2% below this industry median.
How does Cerinnov Group's Receivables Turnover compare to GEV and ETN?
Cerinnov Group's Receivables Turnover of 1.06 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Cerinnov Group's value of 1.06 is 76.2% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,031 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. Cerinnov Group's current Receivables Turnover of 1.06 is 76.2% 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 Cerinnov Group and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerinnov Group's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerinnov Group stock overvalued right now?
Cerinnov Group (XPAR:ALPCV) has a current Receivables Turnover of 1.06. The current Receivables Turnover is 1.06 and 76.2% below the Industrial Products industry median of 4.45. 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 Cerinnov Group (XPAR:ALPCV), the current Receivables Turnover is 1.06 as of Dec. 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.

Cerinnov Group Business Description

Address 2 rue Columbia, Parc d'Ester, Limoges, FRA, 87068
Cerinnov Group SA is engaged in the manufacturing of production equipment. The company's products include shaping machines, laser machine, decoration machine, customized equipment.