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MPC Muenchmeyer Petersen Capital AG (XTER:MPCK) Receivables Turnover : 3.77 (As of Dec. 2023)


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What is MPC Muenchmeyer Petersen Capital 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. MPC Muenchmeyer Petersen Capital AG's Revenue for the six months ended in Dec. 2023 was €20.80 Mil. MPC Muenchmeyer Petersen Capital AG's average Accounts Receivable for the six months ended in Dec. 2023 was €5.51 Mil. Hence, MPC Muenchmeyer Petersen Capital AG's Receivables Turnover for the six months ended in Dec. 2023 was 3.77.


MPC Muenchmeyer Petersen Capital AG Receivables Turnover Historical Data

The historical data trend for MPC Muenchmeyer Petersen Capital 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.

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MPC Muenchmeyer Petersen Capital AG Receivables Turnover Chart

MPC Muenchmeyer Petersen Capital AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 4.12 3.26 3.50 6.50

MPC Muenchmeyer Petersen Capital AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.37 1.69 3.58 4.32 3.77

Competitive Comparison of MPC Muenchmeyer Petersen Capital AG's Receivables Turnover

For the Asset Management subindustry, MPC Muenchmeyer Petersen Capital 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.


MPC Muenchmeyer Petersen Capital AG's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MPC Muenchmeyer Petersen Capital AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MPC Muenchmeyer Petersen Capital AG's Receivables Turnover falls into.



MPC Muenchmeyer Petersen Capital AG Receivables Turnover Calculation

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

MPC Muenchmeyer Petersen Capital AG's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=37.948 / ((4.299 + 7.377) / 2 )
=37.948 / 5.838
=6.50

MPC Muenchmeyer Petersen Capital AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=20.796 / ((3.642 + 7.377) / 2 )
=20.796 / 5.5095
=3.77

* 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.


MPC Muenchmeyer Petersen Capital AG  (XTER:MPCK) 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.


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MPC Muenchmeyer Petersen Capital AG (XTER:MPCK) Business Description

Traded in Other Exchanges
Address
Palmaille 67, Hamburg, DEU, 22767
MPC Muenchmeyer Petersen Capital AG is an independent asset and investment manager for real asset investments. The company, with its subsidiaries, develops and manages real asset investments and investment products for international institutional investors, family offices, and professional investors. Its segments consist of Real Estate, Renewables and Shipping.
Executives
Joachim Ludwig Supervisory Board

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