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Arnoldo Mondadori Editore SpA (MIL:MN) Receivables Turnover : 1.11 (As of Mar. 2024)


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What is Arnoldo Mondadori Editore 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. Arnoldo Mondadori Editore SpA's Revenue for the three months ended in Mar. 2024 was €166.1 Mil. Arnoldo Mondadori Editore SpA's average Accounts Receivable for the three months ended in Mar. 2024 was €149.3 Mil. Hence, Arnoldo Mondadori Editore SpA's Receivables Turnover for the three months ended in Mar. 2024 was 1.11.


Arnoldo Mondadori Editore SpA Receivables Turnover Historical Data

The historical data trend for Arnoldo Mondadori Editore 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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Arnoldo Mondadori Editore SpA Receivables Turnover Chart

Arnoldo Mondadori Editore SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.96 3.81 4.85 5.54 5.56

Arnoldo Mondadori Editore SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.10 1.38 1.62 1.15 1.11

Competitive Comparison of Arnoldo Mondadori Editore SpA's Receivables Turnover

For the Publishing subindustry, Arnoldo Mondadori Editore 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.


Arnoldo Mondadori Editore SpA's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Arnoldo Mondadori Editore SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Arnoldo Mondadori Editore SpA's Receivables Turnover falls into.



Arnoldo Mondadori Editore SpA Receivables Turnover Calculation

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

Arnoldo Mondadori Editore 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 )
=904.737 / ((161.23 + 164.438) / 2 )
=904.737 / 162.834
=5.56

Arnoldo Mondadori Editore SpA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=166.101 / ((164.438 + 134.202) / 2 )
=166.101 / 149.32
=1.11

* 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.


Arnoldo Mondadori Editore SpA  (MIL:MN) 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.


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Arnoldo Mondadori Editore SpA (MIL:MN) Business Description

Traded in Other Exchanges
Address
Strada privata Mondadori 19, Segrate, Milan, ITA
Arnoldo Mondadori Editore SpA is a European publishing group. It publishes books and magazines and operates retail bookstores across Italy. Books are from fiction, non-fiction, for the young genres. Magazines published are of various fields for both men and women. The company's operating segment includes Books; Retail; Media and Corporate and Shared Services. It generates maximum revenue from the Books segment.