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Patrimoine et Commerce (XPAR:PAT) Receivables Turnover : 1.22 (As of Dec. 2023)


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What is Patrimoine et Commerce 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. Patrimoine et Commerce's Revenue for the six months ended in Dec. 2023 was €29.27 Mil. Patrimoine et Commerce's average Accounts Receivable for the six months ended in Dec. 2023 was €24.07 Mil. Hence, Patrimoine et Commerce's Receivables Turnover for the six months ended in Dec. 2023 was 1.22.


Patrimoine et Commerce Receivables Turnover Historical Data

The historical data trend for Patrimoine et Commerce'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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Patrimoine et Commerce Receivables Turnover Chart

Patrimoine et Commerce Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 2.33 2.16 2.54 2.76

Patrimoine et Commerce Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.94 1.21 1.11 1.34 1.22

Competitive Comparison of Patrimoine et Commerce's Receivables Turnover

For the REIT - Retail subindustry, Patrimoine et Commerce'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.


Patrimoine et Commerce's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Patrimoine et Commerce's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Patrimoine et Commerce's Receivables Turnover falls into.



Patrimoine et Commerce Receivables Turnover Calculation

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

Patrimoine et Commerce'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 )
=61.572 / ((22.389 + 22.288) / 2 )
=61.572 / 22.3385
=2.76

Patrimoine et Commerce'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 )
=29.265 / ((25.854 + 22.288) / 2 )
=29.265 / 24.071
=1.22

* 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.


Patrimoine et Commerce  (XPAR:PAT) 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.


Patrimoine et Commerce Receivables Turnover Related Terms

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Patrimoine et Commerce (XPAR:PAT) Business Description

Traded in Other Exchanges
N/A
Address
7/9 rue Nationale, Boulogne-Billacourt, FRA, 92100
Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.

Patrimoine et Commerce (XPAR:PAT) Headlines

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