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IMW Immobilien SE (FRA:GARY) Receivables Turnover : 65.39 (As of Mar. 2015)


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What is IMW Immobilien SE 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. IMW Immobilien SE's Revenue for the six months ended in Mar. 2015 was €19.71 Mil. IMW Immobilien SE's average Accounts Receivable for the six months ended in Mar. 2015 was €0.30 Mil. Hence, IMW Immobilien SE's Receivables Turnover for the six months ended in Mar. 2015 was 65.39.


IMW Immobilien SE Receivables Turnover Historical Data

The historical data trend for IMW Immobilien SE'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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IMW Immobilien SE Receivables Turnover Chart

IMW Immobilien SE Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.18 15.58 18.11 60.40 79.10

IMW Immobilien SE Semi-Annual Data
Mar04 Mar07 Mar08 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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 6.60 8.35 24.53 24.40 65.39

Competitive Comparison of IMW Immobilien SE's Receivables Turnover

For the Real Estate - Development subindustry, IMW Immobilien SE'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.


IMW Immobilien SE's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where IMW Immobilien SE's Receivables Turnover falls into.



IMW Immobilien SE Receivables Turnover Calculation

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

IMW Immobilien SE's Receivables Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Receivables Turnover (A: Mar. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2015 ) / ((Accounts Receivable (A: Mar. 2014 ) + Accounts Receivable (A: Mar. 2015 )) / count )
=29.229 / ((0.458 + 0.281) / 2 )
=29.229 / 0.3695
=79.10

IMW Immobilien SE's Receivables Turnover for the quarter that ended in Mar. 2015 is calculated as

Receivables Turnover (Q: Mar. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2015 ) / ((Accounts Receivable (Q: Sep. 2014 ) + Accounts Receivable (Q: Mar. 2015 )) / count )
=19.714 / ((0.322 + 0.281) / 2 )
=19.714 / 0.3015
=65.39

* 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.


IMW Immobilien SE  (FRA:GARY) 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.


IMW Immobilien SE Receivables Turnover Related Terms

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IMW Immobilien SE (FRA:GARY) Business Description

Traded in Other Exchanges
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IMW Immobilien SE purchases, manages and sells real estate properties. The Company leases out commercial properties such as office buildings.

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