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Compagnie Financiere Tradition (XSWX:CFT) Receivables Turnover : 0.63 (As of Dec. 2023)


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What is Compagnie Financiere Tradition 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. Compagnie Financiere Tradition's Revenue for the six months ended in Dec. 2023 was CHF469.1 Mil. Compagnie Financiere Tradition's average Accounts Receivable for the six months ended in Dec. 2023 was CHF745.8 Mil. Hence, Compagnie Financiere Tradition's Receivables Turnover for the six months ended in Dec. 2023 was 0.63.


Compagnie Financiere Tradition Receivables Turnover Historical Data

The historical data trend for Compagnie Financiere Tradition'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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Compagnie Financiere Tradition Receivables Turnover Chart

Compagnie Financiere Tradition 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 1.38 1.59 1.62 1.86 3.84

Compagnie Financiere Tradition 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 0.43 0.27 0.29 0.65 0.63

Competitive Comparison of Compagnie Financiere Tradition's Receivables Turnover

For the Capital Markets subindustry, Compagnie Financiere Tradition'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.


Compagnie Financiere Tradition's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Compagnie Financiere Tradition's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Compagnie Financiere Tradition's Receivables Turnover falls into.



Compagnie Financiere Tradition Receivables Turnover Calculation

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

Compagnie Financiere Tradition'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 )
=982.385 / ((294.57 + 216.996) / 2 )
=982.385 / 255.783
=3.84

Compagnie Financiere Tradition'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 )
=469.106 / ((1274.59 + 216.996) / 2 )
=469.106 / 745.793
=0.63

* 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.


Compagnie Financiere Tradition  (XSWX:CFT) 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.


Compagnie Financiere Tradition Receivables Turnover Related Terms

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Compagnie Financiere Tradition (XSWX:CFT) Business Description

Traded in Other Exchanges
Address
11, Rue de Langallerie, Lausanne, CHE, CH - 1003
Compagnie Financiere Tradition SA is a Switzerland-based interdealer broking firm. It acts as a marketplace and an intermediary and facilitates transactions between financial institutions and other professional traders in the capital markets. Its Financial and non-financial products include bonds, interest rates, index futures, currency and credit derivatives, equities, precious metals, energy and environmental products, and others. Its geographical segments are Europe, Middle East and Africa; Americas and Asia-Pacific.

Compagnie Financiere Tradition (XSWX:CFT) Headlines

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