Rubean AG (XTER:R1B) Receivables Turnover : 2.56 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Rubean 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. Rubean AG's Revenue for the six months ended in Dec. 2023 was €0.83 Mil. Rubean AG's average Accounts Receivable for the six months ended in Dec. 2023 was €0.32 Mil. Hence, Rubean AG's Receivables Turnover for the six months ended in Dec. 2023 was 2.56.

Rubean AG Receivables Turnover Historical Data

The historical data trend for Rubean 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.

Rubean AG Receivables Turnover Chart

Rubean AG Annual Data

Trend

Oct15

Oct16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

94.00

3.43

2.50

2.56

Rubean AG Semi-Annual Data
	Oct15	Oct16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover	Get a 7-Day Free Trial				94.00	-	3.43	2.50	2.56

Competitive Comparison of Rubean AG's Receivables Turnover

For the Software - Infrastructure subindustry, Rubean 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.

Rubean AG's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Rubean AG's Receivables Turnover distribution charts can be found below:

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

Rubean AG Receivables Turnover Calculation

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

Rubean 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 )
=	0.829	/ (	(0.369	+	0.279)	/	2 )
=	0.829	/	0.324
=	2.56

Rubean 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: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0.829	/ (	(0.369	+	0.279)	/	2 )
=	0.829	/	0.324
=	2.56

Rubean AG (XTER:R1B) 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.

Rubean AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Rubean AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Rubean AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubean AG (XTER:R1B) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

R1B:Germany

Address

Kistlerhofstrabe 168, Munich, BY, DEU, 81379

Website

https://www.rubean.de

Rubean AG develops software for the highest quality and security requirements of banks and all companies that actively participate in electronic payment transactions. Rubean's latest developments in the subsidiary Smart Payment Solutions (SPS) GmbH enable a merchant point-of-sale terminal called PhonePOS as a pure smartphone app. The company's product offerings are PhonePOS, RubeanTag, DRubeans, and RubeanSign. PhonePOS is designed for mobile merchants such as street vendors, fast food stands, hair salons, and others.

Executives

Prof. Stefan Mittnik	Supervisory Board
Dr. Peter Von Borch	Supervisory Board
Bernd Martin Krohn	Supervisory Board
Jochen Pielage	Board of Directors

Rubean AG Headlines

No Headlines