Nacon (XPAR:NACON) Receivables Turnover : 2.49 (As of Mar. 2024)

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What is Nacon 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. Nacon's Revenue for the six months ended in Mar. 2024 was €99.9 Mil. Nacon's average Accounts Receivable for the six months ended in Mar. 2024 was €40.1 Mil. Hence, Nacon's Receivables Turnover for the six months ended in Mar. 2024 was 2.49.

Nacon Receivables Turnover Historical Data

The historical data trend for Nacon'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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Nacon Receivables Turnover Chart

Nacon Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.57

4.11

3.67

3.86

4.11

Nacon Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									2.07	1.91	1.82	1.60	2.49

Competitive Comparison of Nacon's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Nacon'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.

Nacon's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nacon's Receivables Turnover distribution charts can be found below:

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

Nacon Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	167.711	/ (	(42.931	+	38.702)	/	2 )
=	167.711	/	40.8165
=	4.11

Nacon's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	99.946	/ (	(41.579	+	38.702)	/	2 )
=	99.946	/	40.1405
=	2.49

Nacon (XPAR:NACON) 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.

Nacon Receivables Turnover Related Terms

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Nacon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nacon SA (XPAR:NACON) » Definitions » Receivables Turnover

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0A9N:UK 4AW:Germany

Address

396/466, Rue de la Voyette, CRT 2, Fretin, FRA, 59273

Website

https://www.nacongaming.com

Nacon SA is a France based video game company. It designs and distributes accessories for video game consoles, and publishes video games for various platforms.

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