Ingenico Group (XPAR:ING) Receivables Turnover : 2.56 (As of Jun. 2020)

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What is Ingenico Group 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. Ingenico Group's Revenue for the six months ended in Jun. 2020 was €1,399 Mil. Ingenico Group's average Accounts Receivable for the six months ended in Jun. 2020 was €547 Mil. Hence, Ingenico Group's Receivables Turnover for the six months ended in Jun. 2020 was 2.56.

Ingenico Group Receivables Turnover Historical Data

The historical data trend for Ingenico 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.

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Ingenico Group Receivables Turnover Chart

Ingenico Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Receivables Turnover

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5.48

5.30

5.28

5.04

5.89

Ingenico Group Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Receivables Turnover	Get a 7-Day Free Trial															2.26	2.45	2.59	2.76	2.56

Competitive Comparison of Ingenico Group's Receivables Turnover

For the Software - Infrastructure subindustry, Ingenico 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.

Ingenico Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Ingenico Group's Receivables Turnover distribution charts can be found below:

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

Ingenico Group Receivables Turnover Calculation

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

Ingenico Group's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Receivables Turnover (A: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2019 )	/ (	(Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )
=	3370.1	/ (	(557.9	+	587)	/	2 )
=	3370.1	/	572.45
=	5.89

Ingenico Group's Receivables Turnover for the quarter that ended in Jun. 2020 is calculated as

	Receivables Turnover (Q: Jun. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2020 )	/ (	(Accounts Receivable (Q: Dec. 2019 )	+	Accounts Receivable (Q: Jun. 2020 ))	/	count )
=	1398.8	/ (	(587	+	507.1)	/	2 )
=	1398.8	/	547.05
=	2.56

Ingenico Group (XPAR:ING) 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.

Ingenico Group Receivables Turnover Related Terms

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Ingenico Group (XPAR:ING) Business Description

Industry

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Address

28/32 boulevard de Grenelle, Paris, FRA, 75015

Website

http://www.ingenico.com

Ingenico Group SA is a provider of payment and transaction processing services. The company offers solutions under its Ingenico smart terminals, payment services, and e-payment brands. Products and solutions include in-store payment terminals using near field technologies, payment and transaction management services, and online and mobile commerce solutions such as data analytics, fraud-management solutions, cross-border commerce, and various payment methods. Payment terminals generate the lion's share of revenue, which overall is earned across the globe. The largest region by revenue is EMEA.