Cloudia Research SpA (MIL:AGAIN) Receivables Turnover : 2.26 (As of Dec. 2023)

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What is Cloudia Research 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. Cloudia Research SpA's Revenue for the six months ended in Dec. 2023 was €4.18 Mil. Cloudia Research SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €1.85 Mil. Hence, Cloudia Research SpA's Receivables Turnover for the six months ended in Dec. 2023 was 2.26.

Cloudia Research SpA Receivables Turnover Historical Data

The historical data trend for Cloudia Research 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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Cloudia Research SpA Receivables Turnover Chart

Cloudia Research SpA Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

2.44

3.20

3.42

Cloudia Research SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	2.10	1.35	1.87	2.26

Competitive Comparison of Cloudia Research SpA's Receivables Turnover

For the Information Technology Services subindustry, Cloudia Research 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.

Cloudia Research SpA's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Cloudia Research SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cloudia Research SpA's Receivables Turnover falls into.

Cloudia Research SpA Receivables Turnover Calculation

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

Cloudia Research SpA'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 )
=	7.133	/ (	(1.818	+	2.359)	/	2 )
=	7.133	/	2.0885
=	3.42

Cloudia Research 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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	4.18	/ (	(1.347	+	2.359)	/	2 )
=	4.18	/	1.853
=	2.26

Cloudia Research SpA (MIL:AGAIN) 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.

Cloudia Research SpA Receivables Turnover Related Terms

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Cloudia Research SpA (MIL:AGAIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudia Research SpA (MIL:AGAIN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ZP2:Germany

Address

Via Ettore Ciccotti 3, Milano, ITA, 20161

Website

https://www.cloudiaresearch.com

Cloudia Research SpA operates in the IT sector, providing services aimed at the digital transformation of business activity. It is engaged in digital transformation process, designing and providing innovative and customized solutions that allows to implement automated and interconnected IT management systems, which replace previous systems, improving operational efficiency and competitiveness.

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