SosTravel.com SpA (MIL:SOS) Receivables Turnover : 7.77 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is SosTravel.com 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. SosTravel.com SpA's Revenue for the six months ended in Dec. 2023 was €14.04 Mil. SosTravel.com SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €1.81 Mil. Hence, SosTravel.com SpA's Receivables Turnover for the six months ended in Dec. 2023 was 7.77.

SosTravel.com SpA Receivables Turnover Historical Data

The historical data trend for SosTravel.com 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.

* Premium members only.

SosTravel.com SpA Receivables Turnover Chart

SosTravel.com SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

190.67

37.39

36.05

40.91

16.69

SosTravel.com SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										-	35.40	40.26	3.84	7.77

Competitive Comparison of SosTravel.com SpA's Receivables Turnover

For the Travel Services subindustry, SosTravel.com 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.

SosTravel.com SpA's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SosTravel.com SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SosTravel.com SpA's Receivables Turnover falls into.

SosTravel.com SpA Receivables Turnover Calculation

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

SosTravel.com 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 )
=	19.647	/ (	(0.828	+	1.526)	/	2 )
=	19.647	/	1.177
=	16.69

SosTravel.com 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 )
=	14.043	/ (	(2.09	+	1.526)	/	2 )
=	14.043	/	1.808
=	7.77

SosTravel.com SpA (MIL:SOS) 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.

SosTravel.com SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SosTravel.com SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SosTravel.com SpA (MIL:SOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SosTravel.com SpA (MIL:SOS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SOSAF:USA

Address

Via Marsala 34/A, Gallarate, ITA, 21013

Website

https://www.sostravel.com

SosTravel.com SpA is a digital travel company engaged in providing solutions in the tourism sector which operates as an intermediary between tourism service providers and customers by offering the possibility to book online stays in accommodation facilities (hotels, resorts), tourist services (e.g. trains, airplanes, ferries), experiences (e.g. guided tours, excursions, tasting itineraries) and, more generally, holiday packages. The company operates through its applications (Sostravel and Flio) and websites (www.sostravel.com, and www.amareitalia.com). It offers services such as Flight Info, Airport Info, Lost Luggage Concierge, Telemedicine, Travel insurance, Travel Booking, and Secret village services.