L agence Automobiliere (XPAR:MLAA) Receivables Turnover : 4.76 (As of Dec. 2020)

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What is L agence Automobiliere 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. L agence Automobiliere's Revenue for the six months ended in Dec. 2020 was €0.98 Mil. L agence Automobiliere's average Accounts Receivable for the six months ended in Dec. 2020 was €0.21 Mil. Hence, L agence Automobiliere's Receivables Turnover for the six months ended in Dec. 2020 was 4.76.

L agence Automobiliere Receivables Turnover Historical Data

The historical data trend for L agence Automobiliere'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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L agence Automobiliere Receivables Turnover Chart

L agence Automobiliere Annual Data

Trend

Dec19

Dec20

Receivables Turnover

5.76

4.76

L agence Automobiliere Semi-Annual Data
	Dec19	Dec20
Receivables Turnover	5.76	4.76

Competitive Comparison of L agence Automobiliere's Receivables Turnover

For the Auto & Truck Dealerships subindustry, L agence Automobiliere'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.

L agence Automobiliere's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, L agence Automobiliere's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where L agence Automobiliere's Receivables Turnover falls into.

L agence Automobiliere Receivables Turnover Calculation

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

L agence Automobiliere's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	0.976	/ (	(0.178	+	0.232)	/	2 )
=	0.976	/	0.205
=	4.76

L agence Automobiliere's Receivables Turnover for the quarter that ended in Dec. 2020 is calculated as

	Receivables Turnover (Q: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2020 )	/ (	(Accounts Receivable (Q: Dec. 2019 )	+	Accounts Receivable (Q: Dec. 2020 ))	/	count )
=	0.976	/ (	(0.178	+	0.232)	/	2 )
=	0.976	/	0.205
=	4.76

L agence Automobiliere (XPAR:MLAA) 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.

L agence Automobiliere Receivables Turnover Related Terms

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L agence Automobiliere (XPAR:MLAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » L agence Automobiliere SA (XPAR:MLAA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone Actipolis 1 24A Route Départementale 201, Sausheim, FRA, FR-68390

Website

https://www.agenceauto.com

L agence Automobiliere SA is specialized in the purchase and sale of used vehicles. The company also offers services in financing, insurance, assistance and other. It has over 90 branches located in Europe.

L agence Automobiliere (XPAR:MLAA) Headlines

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