Star7 SpA (MIL:STAR7) Receivables Turnover : 1.60 (As of Dec. 2023)

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What is Star7 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. Star7 SpA's Revenue for the six months ended in Dec. 2023 was €53.8 Mil. Star7 SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €33.6 Mil. Hence, Star7 SpA's Receivables Turnover for the six months ended in Dec. 2023 was 1.60.

Star7 SpA Receivables Turnover Historical Data

The historical data trend for Star7 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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Star7 SpA Receivables Turnover Chart

Star7 SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

1.94

1.67

2.36

3.17

3.15

Star7 SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				1.01	1.59	1.57	1.72	1.60

Competitive Comparison of Star7 SpA's Receivables Turnover

For the Specialty Business Services subindustry, Star7 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.

Star7 SpA's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Star7 SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Star7 SpA's Receivables Turnover falls into.

Star7 SpA Receivables Turnover Calculation

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

Star7 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 )
=	105.033	/ (	(29.486	+	37.173)	/	2 )
=	105.033	/	33.3295
=	3.15

Star7 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 )
=	53.762	/ (	(30.026	+	37.173)	/	2 )
=	53.762	/	33.5995
=	1.60

Star7 SpA (MIL:STAR7) 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.

Star7 SpA Receivables Turnover Related Terms

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Star7 SpA (MIL:STAR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Star7 SpA (MIL:STAR7) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Alessandria, 37/B, Valle San Bartolomeo, Alessandria, ITA, I-15122

Website

https://www.star-7.com

Star7 SpA operates in the fields of translation and interpreting, automation of translation processes and language technologies, technical editing and content engineering, dedicated IT development, and print-on-demand. The company not only offers translations but also is a provider of copywriting services, language consultancy for companies, and interpreting and management of company terminology.

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