Amadeus IT Group (Amadeus IT Group) Receivables Turnover : 1.92 (As of Dec. 2023)

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What is Amadeus IT Group 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. Amadeus IT Group's Revenue for the three months ended in Dec. 2023 was $1,477 Mil. Amadeus IT Group's average Accounts Receivable for the three months ended in Dec. 2023 was $768 Mil. Hence, Amadeus IT Group's Receivables Turnover for the three months ended in Dec. 2023 was 1.92.

Amadeus IT Group Receivables Turnover Historical Data

The historical data trend for Amadeus IT Group'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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Amadeus IT Group Receivables Turnover Chart

Amadeus IT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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10.72

4.76

5.90

8.40

8.47

Amadeus IT Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.96	2.22	1.93	1.92	1.92

Competitive Comparison of Amadeus IT Group's Receivables Turnover

For the Information Technology Services subindustry, Amadeus IT Group'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.

Amadeus IT Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Amadeus IT Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Amadeus IT Group's Receivables Turnover falls into.

Amadeus IT Group Receivables Turnover Calculation

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

Amadeus IT Group'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 )
=	5933.697	/ (	(632.415	+	767.939)	/	2 )
=	5933.697	/	700.177
=	8.47

Amadeus IT Group'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1477.317	/ (	(0	+	767.939)	/	1 )
=	1477.317	/	767.939
=	1.92

Amadeus IT Group (OTCPK:AMADY) 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.

Amadeus IT Group Receivables Turnover Related Terms

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Amadeus IT Group (Amadeus IT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (OTCPK:AMADY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AMADF:USA AMS:Mexico 1AMS:Italy AMSe:UK 0P2W:UK AMS:Spain AI3A:Germany

Address

Salvador de Madariaga, 1, Madrid, ESP, 28027

Website

https://www.amadeus.com

Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.

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