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SAFE (XPAR:ALSAF) Receivables Turnover : 1.68 (As of Jun. 2022)


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What is SAFE 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. SAFE's Revenue for the six months ended in Jun. 2022 was €2.76 Mil. SAFE's average Accounts Receivable for the six months ended in Jun. 2022 was €1.64 Mil. Hence, SAFE's Receivables Turnover for the six months ended in Jun. 2022 was 1.68.


SAFE Receivables Turnover Historical Data

The historical data trend for SAFE'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.

* Premium members only.

SAFE Receivables Turnover Chart

SAFE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 3.64 5.48 3.38 3.33

SAFE Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 2.25 1.81 1.43 1.70 1.68

Competitive Comparison of SAFE's Receivables Turnover

For the Medical Instruments & Supplies subindustry, SAFE'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.


SAFE's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SAFE's Receivables Turnover distribution charts can be found below:

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



SAFE Receivables Turnover Calculation

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

SAFE's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=4.561 / ((1.398 + 1.338) / 2 )
=4.561 / 1.368
=3.33

SAFE's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=2.76 / ((1.338 + 1.944) / 2 )
=2.76 / 1.641
=1.68

* 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.


SAFE  (XPAR:ALSAF) 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.


SAFE Receivables Turnover Related Terms

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SAFE (XPAR:ALSAF) Business Description

Traded in Other Exchanges
N/A
Address
Parc des Bellevues, Allee R. Luxemburg, Le Californie, Eragny sur Oise, FRA, 95610
SAFE, formerly SAFE Orthopaedics SA is engaged in the medical industry. The company manufactures implants used for spine correction surgeries.

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