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ifa systems AG (XTER:IS8) Receivables Turnover : 3.39 (As of Jun. 2022)


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What is ifa systems AG 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. ifa systems AG's Revenue for the six months ended in Jun. 2022 was €3.96 Mil. ifa systems AG's average Accounts Receivable for the six months ended in Jun. 2022 was €1.17 Mil. Hence, ifa systems AG's Receivables Turnover for the six months ended in Jun. 2022 was 3.39.


ifa systems AG Receivables Turnover Historical Data

The historical data trend for ifa systems AG'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.

* Premium members only.

ifa systems AG Receivables Turnover Chart

ifa systems AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.15 5.62 8.14 13.75 7.63

ifa systems AG Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 3.93 3.95 3.39 3.39

Competitive Comparison of ifa systems AG's Receivables Turnover

For the Health Information Services subindustry, ifa systems AG'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.


ifa systems AG's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ifa systems AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ifa systems AG's Receivables Turnover falls into.



ifa systems AG Receivables Turnover Calculation

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

ifa systems AG'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 )
=7.301 / ((0.855 + 1.058) / 2 )
=7.301 / 0.9565
=7.63

ifa systems AG's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Jun. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=3.956 / ((1.189 + 1.145) / 2 )
=3.956 / 1.167
=3.39

* 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.


ifa systems AG  (XTER:IS8) 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.


ifa systems AG Receivables Turnover Related Terms

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ifa systems AG Business Description

Traded in Other Exchanges
N/A
Address
Augustinusstrasse 11b, Konigsdorf, Frechen, DEU, 50226
ifa systems AG develops, distributes and installs software solutions and components for ophthalmologists and eye clinics in the fast-growing health IT industry. Its products are divided into the Clinic, Practice, and Language Versions. Some of its product includes EMR (Electronic Medical Records); MDI (Medical Device Interface); Software Connection Platform; CDSS (Clinical Decision Support System); WFM Software (Workflow Management) and others.

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