FLOWSPARKS NV (XBRU:FLSP) Receivables Turnover : 2.84 (As of Dec. 2022)

View and export this data going back to 2006. Start your Free Trial

What is FLOWSPARKS NV 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. FLOWSPARKS NV's Revenue for the six months ended in Dec. 2022 was €7.92 Mil. FLOWSPARKS NV's average Accounts Receivable for the six months ended in Dec. 2022 was €2.79 Mil. Hence, FLOWSPARKS NV's Receivables Turnover for the six months ended in Dec. 2022 was 2.84.

FLOWSPARKS NV Receivables Turnover Historical Data

The historical data trend for FLOWSPARKS NV'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.

FLOWSPARKS NV Receivables Turnover Chart

FLOWSPARKS NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

2.56

3.27

3.74

3.46

2.84

FLOWSPARKS NV Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Receivables Turnover	Get a 7-Day Free Trial											2.56	3.27	3.74	3.46	2.84

Competitive Comparison of FLOWSPARKS NV's Receivables Turnover

For the Education & Training Services subindustry, FLOWSPARKS NV'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.

FLOWSPARKS NV's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, FLOWSPARKS NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where FLOWSPARKS NV's Receivables Turnover falls into.

FLOWSPARKS NV Receivables Turnover Calculation

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

FLOWSPARKS NV's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	7.919	/ (	(2.787	+	2.793)	/	2 )
=	7.919	/	2.79
=	2.84

FLOWSPARKS NV's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	7.919	/ (	(2.787	+	2.793)	/	2 )
=	7.919	/	2.79
=	2.84

FLOWSPARKS NV (XBRU:FLSP) 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.

FLOWSPARKS NV Receivables Turnover Related Terms

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

FLOWSPARKS NV (XBRU:FLSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » FLOWSPARKS NV (XBRU:FLSP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ottergemsesteenweg- Zuid 808, PO Box B545, Ghent, BEL, 9000

Website

https://www.flowsparks.com

FLOWSPARKS NV is engaged in providing online educational services. The company creates custom-made learning solutions for the target group. It offers to learn management systems, syllabus tracking services, smart templates, and other related tools.