Nexus AG (XTER:NXU) Receivables Turnover : 1.82 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Nexus 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. Nexus AG's Revenue for the three months ended in Dec. 2023 was €70.2 Mil. Nexus AG's average Accounts Receivable for the three months ended in Dec. 2023 was €38.5 Mil. Hence, Nexus AG's Receivables Turnover for the three months ended in Dec. 2023 was 1.82.

Nexus AG Receivables Turnover Historical Data

The historical data trend for Nexus 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.

* Premium members only.

Nexus AG Receivables Turnover Chart

Nexus AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.69

6.09

6.33

5.97

5.73

Nexus AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.76	1.45	1.66	1.93	1.82

Competitive Comparison of Nexus AG's Receivables Turnover

For the Health Information Services subindustry, Nexus 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.

Nexus AG's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nexus AG's Receivables Turnover distribution charts can be found below:

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

Nexus AG Receivables Turnover Calculation

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

Nexus AG'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 )
=	241.459	/ (	(38.154	+	46.083)	/	2 )
=	241.459	/	42.1185
=	5.73

Nexus AG'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	70.193	/ (	(30.938	+	46.083)	/	2 )
=	70.193	/	38.5105
=	1.82

Nexus AG (XTER:NXU) 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.

Nexus AG Receivables Turnover Related Terms

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

Nexus AG (XTER:NXU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nexus AG (XTER:NXU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NXU:Germany NXU:Germany NXU:Germany

Address

Irmastrasse 1, Donaueschingen, BW, DEU, 78166

Website

https://www.nexus-ag.de

Nexus AG is a software solution provider. The company functions through the Healthcare software and Healthcare service segments, which are responsible for providing information systems for hospitals, psychiatric, rehabilitation, and social institutions, IT services for IT operation specially in healthcare systems. The company derives a majority of its revenues from the Healthcare software segment. Its geographical segments are Germany, Switzerland/Lichtenstein, Netherlands, Poland, France, Austria, and other regions.