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Eurosic (XPAR:ERSC) Receivables Turnover : 4.06 (As of Jun. 2017)


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What is Eurosic 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. Eurosic's Revenue for the six months ended in Jun. 2017 was €140.8 Mil. Eurosic's average Accounts Receivable for the six months ended in Jun. 2017 was €34.7 Mil. Hence, Eurosic's Receivables Turnover for the six months ended in Jun. 2017 was 4.06.


Eurosic Receivables Turnover Historical Data

The historical data trend for Eurosic'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.

Eurosic Receivables Turnover Chart

Eurosic Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.67 - - 4.72 3.83

Eurosic Semi-Annual Data
Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 - 2.39 2.62 1.61 4.06

Competitive Comparison of Eurosic's Receivables Turnover

For the REIT - Diversified subindustry, Eurosic'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.


Eurosic's Receivables Turnover Distribution in the REITs Industry

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

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



Eurosic Receivables Turnover Calculation

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

Eurosic's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=186.811 / ((29.453 + 68.175) / 2 )
=186.811 / 48.814
=3.83

Eurosic's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

Receivables Turnover (Q: Jun. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Jun. 2017 )) / count )
=140.766 / ((68.175 + 1.22) / 2 )
=140.766 / 34.6975
=4.06

* 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.


Eurosic  (XPAR:ERSC) 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.


Eurosic Receivables Turnover Related Terms

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Eurosic (XPAR:ERSC) Business Description

Industry
Traded in Other Exchanges
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Address
Eurosic is a company engaged in the real estate investment sector. It specializes in the acquisition, management of property assets.it's portfolio consists of commercial assets and diversification assets in the leisure, tertiary and logistics sectors.

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