Prelude (XPAR:MLPRE) Receivables Turnover: 1.33 (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XPAR:MLPRE Prelude SA XPAR:MLPRE
18 GF Score
Price €11.00
! 2 Warning Signs
View Full Analysis

What is Prelude Receivables Turnover?

Prelude XPAR:MLPRE 18 Receivables Turnover is 1.33 as of Dec. 2024. GuruFocus rates XPAR:MLPRE with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,672 Real Estate companies, Prelude ranks worse than 92.46% on this metric.

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. Prelude's Revenue for the six months ended in Dec. 2024 was €5.36 Mil. Prelude's average Accounts Receivable for the six months ended in Dec. 2024 was €4.03 Mil. Hence, Prelude's Receivables Turnover for the six months ended in Dec. 2024 was 1.33.


Prelude  (XPAR:MLPRE) 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.


Prelude Receivables Turnover Related Terms


Prelude Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Prelude'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.

Prelude Receivables Turnover Chart

Prelude Annual Data
Trend Dec23 Dec24
Receivables Turnover
1.19 1.33

Prelude Semi-Annual Data
Dec23 Dec24
Receivables Turnover 1.19 1.33

Prelude Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, Prelude'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.


Prelude Receivables Turnover vs Real Estate Industry

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

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


XPAR:MLPRE
18GF Score
Prelude SA XPAR:MLPRE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prelude Receivables Turnover Calculation

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

Prelude's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=5.361 / ((4.189 + 3.863) / 2 )
=5.361 / 4.026
=1.33

Prelude's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=5.361 / ((4.189 + 3.863) / 2 )
=5.361 / 4.026
=1.33

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.33 mean?
Prelude (XPAR:MLPRE) has a Receivables Turnover of 1.33 as of Dec. 2024. The accounts 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. View historical data on Prelude and its competitors. According to the industry distribution chart, Prelude ranks #1546 out of 1672 companies in the Real Estate industry, placing it in the top 92.5%.
Is Prelude's Receivables Turnover too high?
Prelude's current Receivables Turnover is 1.33. The Real Estate industry median Receivables Turnover is 10.30. Prelude's value of 1.33 is 87.1% below this industry median. Based on the distribution chart, Prelude ranks #1546 out of 1672 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Prelude has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Prelude's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Prelude ranks #1546 out of 1672 companies for Receivables Turnover. This places Prelude in the lower half of its industry. The industry median Receivables Turnover is 10.30. Prelude's value of 1.33 is 87.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.30, based on 1,672 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Prelude's current Receivables Turnover of 1.33 is 87.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Prelude and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prelude's current Receivables Turnover is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prelude stock overvalued right now?
Prelude (XPAR:MLPRE) has a current Receivables Turnover of 1.33. The current Receivables Turnover is 1.33 and 87.1% below the Real Estate industry median of 10.30. Prelude's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Prelude (XPAR:MLPRE), the current Receivables Turnover is 1.33 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prelude Business Description

Address Zone ZAC de Cannabe, Herault, Cournonterral, FRA, 34660
Prelude SA is a france based real-estate company specialising in the development and management of social and affordable housing projects, and other residential programs.
18GF Score

Get the complete analysis for XPAR:MLPRE

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.00
Price