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Netex Knowledge Factory (XMAD:NTX) Receivables Turnover : 2.13 (As of Sep. 2023)


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What is Netex Knowledge Factory 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. Netex Knowledge Factory's Revenue for the six months ended in Sep. 2023 was €12.00 Mil. Netex Knowledge Factory's average Accounts Receivable for the six months ended in Sep. 2023 was €5.63 Mil. Hence, Netex Knowledge Factory's Receivables Turnover for the six months ended in Sep. 2023 was 2.13.


Netex Knowledge Factory Receivables Turnover Historical Data

The historical data trend for Netex Knowledge Factory'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.

Netex Knowledge Factory Receivables Turnover Chart

Netex Knowledge Factory Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep20 Sep21 Sep22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 2.49 3.01 3.19 3.83 3.86

Netex Knowledge Factory Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.34 1.72 1.69 2.10 2.13

Competitive Comparison of Netex Knowledge Factory's Receivables Turnover

For the Software - Application subindustry, Netex Knowledge Factory'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.


Netex Knowledge Factory's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Netex Knowledge Factory's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Netex Knowledge Factory's Receivables Turnover falls into.



Netex Knowledge Factory Receivables Turnover Calculation

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

Netex Knowledge Factory's Receivables Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Receivables Turnover (A: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2022 ) / ((Accounts Receivable (A: Sep. 2021 ) + Accounts Receivable (A: Sep. 2022 )) / count )
=20.818 / ((4.654 + 6.122) / 2 )
=20.818 / 5.388
=3.86

Netex Knowledge Factory's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=12.004 / ((5.162 + 6.097) / 2 )
=12.004 / 5.6295
=2.13

* 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.


Netex Knowledge Factory  (XMAD:NTX) 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.


Netex Knowledge Factory Receivables Turnover Related Terms

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Netex Knowledge Factory (XMAD:NTX) Business Description

Traded in Other Exchanges
N/A
Address
Calle Ícaro , No.44, Oleiros, A Coruña, ESP, 15172
Netex Knowledge Factory SA develops applications and service-based-solutions to deliver digital learning in companies and academic institutions. The company's portfolio includes learningCloud, a personalized learning environment that facilitates video, gamification, online/offline mobile learning, micro learning, social learning, interoperability, and real-time conferencing features for the modern workforce in corporations; and smartED, a solution for publishing houses and universities.

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