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FCR Immobilien AG (FCR Immobilien AG) Receivables Turnover : 5.29 (As of Dec. 2023)


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What is FCR Immobilien 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. FCR Immobilien AG's Revenue for the six months ended in Dec. 2023 was $27.91 Mil. FCR Immobilien AG's average Accounts Receivable for the six months ended in Dec. 2023 was $5.27 Mil. Hence, FCR Immobilien AG's Receivables Turnover for the six months ended in Dec. 2023 was 5.29.


FCR Immobilien AG Receivables Turnover Historical Data

The historical data trend for FCR Immobilien 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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FCR Immobilien AG Receivables Turnover Chart

FCR Immobilien AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 9.14 5.57 4.74 2.89 8.77

FCR Immobilien AG Semi-Annual Data
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 3.83 1.34 2.74 5.82 5.29

Competitive Comparison of FCR Immobilien AG's Receivables Turnover

For the Real Estate Services subindustry, FCR Immobilien 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.


FCR Immobilien AG's Receivables Turnover Distribution in the Real Estate Industry

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

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



FCR Immobilien AG Receivables Turnover Calculation

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

FCR Immobilien 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 )
=61.759 / ((7.543 + 6.537) / 2 )
=61.759 / 7.04
=8.77

FCR Immobilien 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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=27.913 / ((4.011 + 6.537) / 2 )
=27.913 / 5.274
=5.29

* 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.


FCR Immobilien AG  (OTCPK:FCRIF) 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.


FCR Immobilien AG Receivables Turnover Related Terms

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FCR Immobilien AG (FCR Immobilien AG) Business Description

Traded in Other Exchanges
Address
Kirchplatz 1, Pullach, BY, DEU, D-82049
FCR Immobilien AG is a German-based company investing in real estate properties. The company mainly invests in shopping and retail parks in Germany. Its portfolio consists of approximately 78 properties. Geographically, the company operates in inland and EU countries, it derives a majority of revenue from Germany.

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