Deutsche EuroShop AG (XTER:DEQ) Receivables Turnover : 3.74 (As of Sep. 2023)

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What is Deutsche EuroShop 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. Deutsche EuroShop AG's Revenue for the three months ended in Sep. 2023 was €67.8 Mil. Deutsche EuroShop AG's average Accounts Receivable for the three months ended in Sep. 2023 was €18.1 Mil. Hence, Deutsche EuroShop AG's Receivables Turnover for the three months ended in Sep. 2023 was 3.74.

Deutsche EuroShop AG Receivables Turnover Historical Data

The historical data trend for Deutsche EuroShop 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.

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Deutsche EuroShop AG Receivables Turnover Chart

Deutsche EuroShop AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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37.79

32.93

16.45

9.94

10.71

Deutsche EuroShop AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															2.87	3.09	4.03	3.18	3.74

Competitive Comparison of Deutsche EuroShop AG's Receivables Turnover

For the Real Estate Services subindustry, Deutsche EuroShop 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.

Deutsche EuroShop AG's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche EuroShop AG's Receivables Turnover distribution charts can be found below:

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

Deutsche EuroShop AG Receivables Turnover Calculation

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

Deutsche EuroShop AG'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 )
=	212.811	/ (	(22.763	+	16.991)	/	2 )
=	212.811	/	19.877
=	10.71

Deutsche EuroShop AG'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: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	67.817	/ (	(17.633	+	18.609)	/	2 )
=	67.817	/	18.121
=	3.74

Deutsche EuroShop AG (XTER:DEQ) 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.

Deutsche EuroShop AG Receivables Turnover Related Terms

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Deutsche EuroShop AG (XTER:DEQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Deutsche EuroShop AG (XTER:DEQ) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

1DEQ:Italy 0I3Z:UK DEQ:Austria

Address

Heegbarg 36, Hamburg, DEU, 22391

Website

https://www.deutsche-euroshop.com

Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.

Executives

Hans-peter Kneip

Board of Directors

Deutsche EuroShop AG (XTER:DEQ) Headlines

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