Txcom (XPAR:ALTXC) Receivables Turnover : 9.07 (As of Dec. 2023)

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What is Txcom 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. Txcom's Revenue for the six months ended in Dec. 2023 was €5.56 Mil. Txcom's average Accounts Receivable for the six months ended in Dec. 2023 was €0.61 Mil. Hence, Txcom's Receivables Turnover for the six months ended in Dec. 2023 was 9.07.

Txcom Receivables Turnover Historical Data

The historical data trend for Txcom'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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Txcom Receivables Turnover Chart

Txcom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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13.03

22.33

20.26

22.42

47.79

Txcom Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															11.70	8.59	31.50	8.11	9.07

Competitive Comparison of Txcom's Receivables Turnover

For the Communication Equipment subindustry, Txcom'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.

Txcom's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Txcom's Receivables Turnover distribution charts can be found below:

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

Txcom Receivables Turnover Calculation

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

Txcom'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 )
=	9.774	/ (	(0.111	+	0.298)	/	2 )
=	9.774	/	0.2045
=	47.79

Txcom'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 )
=	5.561	/ (	(0.928	+	0.298)	/	2 )
=	5.561	/	0.613
=	9.07

Txcom (XPAR:ALTXC) 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.

Txcom Receivables Turnover Related Terms

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Txcom (XPAR:ALTXC) Business Description

Industry

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Address

Business Park Noveos, 10 avenue Descartes, Le Plessis Robinson, FRA, 92350

Website

http://www.txcom.fr

Txcom is a French company that specializes in designing, manufacturing and marketing communication products. The company operates through five divisions: AXIOHM offers a full range of Thermal Printing solutions for receipt and ticketing; TXCOM designs, builds and markets rugged and innovative data capture solutions; MAINtag, involved in the design, production and supply of RFID tagging solutions al aerospace to railway and businesses and Deal-Tag offers solutions for the protection of property and person.

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