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plenum AG (STU:PLEK) Receivables Turnover : 2.35 (As of Dec. 2024)


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What is plenum 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. plenum AG's Revenue for the six months ended in Dec. 2024 was €14.49 Mil. plenum AG's average Accounts Receivable for the six months ended in Dec. 2024 was €6.17 Mil. Hence, plenum AG's Receivables Turnover for the six months ended in Dec. 2024 was 2.35.


plenum AG Receivables Turnover Historical Data

The historical data trend for plenum 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.

plenum AG Receivables Turnover Chart

plenum AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.55 4.06 4.74 5.62 5.36

plenum AG Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.00 3.02 2.38 2.35

Competitive Comparison of plenum AG's Receivables Turnover

For the Consulting Services subindustry, plenum 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.


plenum AG's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, plenum AG's Receivables Turnover distribution charts can be found below:

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


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plenum AG Receivables Turnover Calculation

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

plenum AG's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=29.424 / ((5.594 + 5.394) / 2 )
=29.424 / 5.494
=5.36

plenum AG's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=14.489 / ((6.94 + 5.394) / 2 )
=14.489 / 6.167
=2.35

* 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.


plenum AG  (STU:PLEK) 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.


plenum AG Receivables Turnover Related Terms

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plenum AG Business Description

Traded in Other Exchanges
Address
53, Hagenauer Strasse, Wiesbaden, DEU, 65203
plenum AG is a German company which offers consulting services to financial companies, telecom, utilities, and logistics firms. The firm offers marketing, process optimization, and IT consulting services.
Executives
Ulf Wohlers Board of Directors

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