Tonies SE (XTER:TNIE) Receivables Turnover : 7.55 (As of Dec. 2023)

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What is Tonies SE 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. Tonies SE's Revenue for the six months ended in Dec. 2023 was €247.8 Mil. Tonies SE's average Accounts Receivable for the six months ended in Dec. 2023 was €32.8 Mil. Hence, Tonies SE's Receivables Turnover for the six months ended in Dec. 2023 was 7.55.

Tonies SE Receivables Turnover Historical Data

The historical data trend for Tonies SE'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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Tonies SE Receivables Turnover Chart

Tonies SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

7.99

9.60

9.05

8.61

Tonies SE Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			5.66	4.32	6.75	4.41	7.55

Competitive Comparison of Tonies SE's Receivables Turnover

For the Leisure subindustry, Tonies SE'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.

Tonies SE's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tonies SE's Receivables Turnover distribution charts can be found below:

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

Tonies SE Receivables Turnover Calculation

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

Tonies SE'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 )
=	360.948	/ (	(34.792	+	49.07)	/	2 )
=	360.948	/	41.931
=	8.61

Tonies SE'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 )
=	247.818	/ (	(16.548	+	49.07)	/	2 )
=	247.818	/	32.809
=	7.55

Tonies SE (XTER:TNIE) 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.

Tonies SE Receivables Turnover Related Terms

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Tonies SE (XTER:TNIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tonies SE (XTER:TNIE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TNIEF:USA

Address

9, Rue de Bitbourg, Luxemburg, LUX, L - 1273

Website

https://www.tonies.com

Tonies SE provides an audio entertainment system. The company offers Toniebox, an audio system for kids that plays stories, songs, and others. Geographically, It generates majority of the revenue from Germany.

Executives

Salvia Gmbh	Supervisory Board
Stephanie Caspar	Supervisory Board
468 Spac Sponsors Gmbh & Co. Kg	Supervisory Board
Alexander Kudlich	Supervisory Board

Tonies SE (XTER:TNIE) Headlines

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