Abitare In SpA (MIL:ABT) Receivables Turnover : 6.14 (As of Dec. 2023)

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What is Abitare In SpA 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. Abitare In SpA's Revenue for the three months ended in Dec. 2023 was €6.6 Mil. Abitare In SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €1.1 Mil. Hence, Abitare In SpA's Receivables Turnover for the three months ended in Dec. 2023 was 6.14.

Abitare In SpA Receivables Turnover Historical Data

The historical data trend for Abitare In SpA'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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Abitare In SpA Receivables Turnover Chart

Abitare In SpA Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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5.37

130.61

123.93

88.55

462.30

Abitare In SpA Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															94.20	183.09	86.16	48.86	6.14

Competitive Comparison of Abitare In SpA's Receivables Turnover

For the Real Estate - Development subindustry, Abitare In SpA'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.

Abitare In SpA's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Abitare In SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Abitare In SpA's Receivables Turnover falls into.

Abitare In SpA Receivables Turnover Calculation

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

Abitare In SpA's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	252.414	/ (	(0.284	+	0.808)	/	2 )
=	252.414	/	0.546
=	462.30

Abitare In SpA'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6.637	/ (	(0.808	+	1.354)	/	2 )
=	6.637	/	1.081
=	6.14

Abitare In SpA (MIL:ABT) 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.

Abitare In SpA Receivables Turnover Related Terms

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Abitare In SpA (MIL:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Abitare In SpA (MIL:ABT) » Definitions » Receivables Turnover

Traded in Other Exchanges

1BN:Germany

Address

Via degli Olivetani 10/12, Milan, ITA, 20123

Website

https://www.abitareinspa.com

Abitare In SpA is a real estate company. It is engaged in developing and selling real estate units including urban building projects in Milan, Italy. Its projects include Poste and Maggiolina.