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Agat Ejendomme A/S (FRA:2TD) Receivables Turnover : 52.73 (As of Jan. 2024)


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What is Agat Ejendomme A/S 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. Agat Ejendomme A/S's Revenue for the three months ended in Jan. 2024 was €23.33 Mil. Agat Ejendomme A/S's average Accounts Receivable for the three months ended in Jan. 2024 was €0.44 Mil. Hence, Agat Ejendomme A/S's Receivables Turnover for the three months ended in Jan. 2024 was 52.73.


Agat Ejendomme A/S Receivables Turnover Historical Data

The historical data trend for Agat Ejendomme A/S'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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Agat Ejendomme A/S Receivables Turnover Chart

Agat Ejendomme A/S Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.81 4.99 21.30 37.20 91.77

Agat Ejendomme A/S Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 43.41 4.79 5.21 6.49 52.73

Competitive Comparison of Agat Ejendomme A/S's Receivables Turnover

For the Real Estate Services subindustry, Agat Ejendomme A/S'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.


Agat Ejendomme A/S's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Agat Ejendomme A/S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Agat Ejendomme A/S's Receivables Turnover falls into.



Agat Ejendomme A/S Receivables Turnover Calculation

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

Agat Ejendomme A/S's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=32.028 / ((0.403 + 0.295) / 2 )
=32.028 / 0.349
=91.77

Agat Ejendomme A/S's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=23.333 / ((0.59 + 0.295) / 2 )
=23.333 / 0.4425
=52.73

* 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.


Agat Ejendomme A/S  (FRA:2TD) 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.


Agat Ejendomme A/S Receivables Turnover Related Terms

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Agat Ejendomme A/S (FRA:2TD) Business Description

Traded in Other Exchanges
Address
Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000
Agat Ejendomme A/S develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.

Agat Ejendomme A/S (FRA:2TD) Headlines

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