Elvictor Group (Elvictor Group) Receivables Turnover : 1.22 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Elvictor Group 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. Elvictor Group's Revenue for the three months ended in Mar. 2024 was $0.57 Mil. Elvictor Group's average Accounts Receivable for the three months ended in Mar. 2024 was $0.47 Mil. Hence, Elvictor Group's Receivables Turnover for the three months ended in Mar. 2024 was 1.22.

Elvictor Group Receivables Turnover Historical Data

The historical data trend for Elvictor Group'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.

Elvictor Group Receivables Turnover Chart

Elvictor Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.80

6.96

6.53

6.74

Elvictor Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.40	1.18	1.32	1.50	1.22

Competitive Comparison of Elvictor Group's Receivables Turnover

For the Specialty Business Services subindustry, Elvictor Group'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.

Elvictor Group's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Elvictor Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elvictor Group's Receivables Turnover falls into.

Elvictor Group Receivables Turnover Calculation

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

Elvictor Group'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 )
=	2.362	/ (	(0.331	+	0.37)	/	2 )
=	2.362	/	0.3505
=	6.74

Elvictor Group's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.573	/ (	(0.37	+	0.569)	/	2 )
=	0.573	/	0.4695
=	1.22

Elvictor Group (OTCPK:ELVG) 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.

Elvictor Group Receivables Turnover Related Terms

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

Elvictor Group (Elvictor Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Elvictor Group Inc (OTCPK:ELVG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vassileos Constantinou 79, Vari, Athens, GRC, 16672

Website

https://www.elvictorgroup.com

Elvictor Group Inc is engaged in the business of providing shipping crew management services. It provides crew management, crew manning, and crew training and development services.

Executives

Stavros Galanakis	director, 10 percent owner, officer: CHAIRMAN & VICE PRESIDENT	78 PAPAFOTI STR, VARI-VARKIZA J3 16672
Christodoulos Tzoutzakis	officer: CHIEF OPERATING OFFICER	24 THEMISTOKLEOUS STR., VOULA ATTIKIS J3 16673
Panagiotis Tolis	director, 10 percent owner, officer: CIRO	PERICLEOUS 50 STREET, ATHENS J3 15232
Panagiotis Nikolaos Lazaretos	10 percent owner	103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Konstantinos Galanakis	director, 10 percent owner, officer: CEO	38 MOUTOUSI K STREET, VARI-VARKIZA J3 16672
Eleftherios Kontos	10 percent owner	THOUKIDIDOY 15, VOLOS J3 38333

Elvictor Group (Elvictor Group) Headlines

From GuruFocus

Elvictor Group Inc. Engages US-Based Investor Relations Advisory Firm

By PRNewswire PRNewswire • 11-29-2021