Scientific Brain Training (XPAR:MLSBT) Receivables Turnover : 3.73 (As of Dec. 2020)

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What is Scientific Brain Training 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. Scientific Brain Training's Revenue for the six months ended in Dec. 2020 was €12.90 Mil. Scientific Brain Training's average Accounts Receivable for the six months ended in Dec. 2020 was €3.46 Mil. Hence, Scientific Brain Training's Receivables Turnover for the six months ended in Dec. 2020 was 3.73.

Scientific Brain Training Receivables Turnover Historical Data

The historical data trend for Scientific Brain Training'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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Scientific Brain Training Receivables Turnover Chart

Scientific Brain Training Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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2.98

3.28

3.60

3.68

3.73

Scientific Brain Training Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Receivables Turnover	Get a 7-Day Free Trial									2.98	3.28	3.60	3.68	3.73

Competitive Comparison of Scientific Brain Training's Receivables Turnover

For the Medical Care Facilities subindustry, Scientific Brain Training'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.

Scientific Brain Training's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Scientific Brain Training's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Scientific Brain Training's Receivables Turnover falls into.

Scientific Brain Training Receivables Turnover Calculation

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

Scientific Brain Training'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 )
=	12.9	/ (	(3.782	+	3.13)	/	2 )
=	12.9	/	3.456
=	3.73

Scientific Brain Training'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 )
=	12.9	/ (	(3.782	+	3.13)	/	2 )
=	12.9	/	3.456
=	3.73

Scientific Brain Training (XPAR:MLSBT) 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.

Scientific Brain Training Receivables Turnover Related Terms

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Scientific Brain Training (XPAR:MLSBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Scientific Brain Training (XPAR:MLSBT) » Definitions » Receivables Turnover

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Address

52 quai Rambaud, Lyon, FRA, 69002

Website

http://www.sbt.fr

Scientific Brain Training is in developing and marketing programs for developing and maintaining mental and cognitive capacity. The group's products are distributed in paper form, on CD-ROM and DVD, via mobile phones, and on the Internet. Its activities includes Transform, Empower, Learn and Care.

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