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Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) Receivables Turnover : 3.86 (As of Dec. 2023)


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What is Appeninn Vagyonkezelo Holding Nyrt 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. Appeninn Vagyonkezelo Holding Nyrt's Revenue for the six months ended in Dec. 2023 was Ft4,109 Mil. Appeninn Vagyonkezelo Holding Nyrt's average Accounts Receivable for the six months ended in Dec. 2023 was Ft1,066 Mil. Hence, Appeninn Vagyonkezelo Holding Nyrt's Receivables Turnover for the six months ended in Dec. 2023 was 3.86.


Appeninn Vagyonkezelo Holding Nyrt Receivables Turnover Historical Data

The historical data trend for Appeninn Vagyonkezelo Holding Nyrt'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.

Appeninn Vagyonkezelo Holding Nyrt Receivables Turnover Chart

Appeninn Vagyonkezelo Holding Nyrt 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 16.20 12.42 11.75 14.86 11.51

Appeninn Vagyonkezelo Holding Nyrt 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 4.06 4.91 4.61 5.85 3.86

Competitive Comparison of Appeninn Vagyonkezelo Holding Nyrt's Receivables Turnover

For the Real Estate - Diversified subindustry, Appeninn Vagyonkezelo Holding Nyrt'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.


Appeninn Vagyonkezelo Holding Nyrt's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Appeninn Vagyonkezelo Holding Nyrt's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Appeninn Vagyonkezelo Holding Nyrt's Receivables Turnover falls into.



Appeninn Vagyonkezelo Holding Nyrt Receivables Turnover Calculation

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

Appeninn Vagyonkezelo Holding Nyrt'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 )
=7703.615 / ((213.885 + 1124.63) / 2 )
=7703.615 / 669.2575
=11.51

Appeninn Vagyonkezelo Holding Nyrt'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 )
=4109.148 / ((1006.569 + 1124.63) / 2 )
=4109.148 / 1065.5995
=3.86

* 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.


Appeninn Vagyonkezelo Holding Nyrt  (BUD:APPENINN) 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.


Appeninn Vagyonkezelo Holding Nyrt Receivables Turnover Related Terms

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Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) Business Description

Traded in Other Exchanges
Address
1022 Budapest, Beg utca 3-5, Kelenhegyi, HUN
Appeninn Vagyonkezelo Holding Nyrt operates as a real estate investment company in Hungary. The Company's reportable segments are as follows: Office rental service, Logistics, industrial and commercial real estate rental service and maintenance service (ceased in 2022).

Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) Headlines

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