Nexity (Nexity) Receivables Turnover : 3.00 (As of Dec. 2023)

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What is Nexity 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. Nexity's Revenue for the three months ended in Dec. 2023 was $2,260 Mil. Nexity's average Accounts Receivable for the three months ended in Dec. 2023 was $754 Mil. Hence, Nexity's Receivables Turnover for the three months ended in Dec. 2023 was 3.00.

Nexity Receivables Turnover Historical Data

The historical data trend for Nexity'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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Nexity Receivables Turnover Chart

Nexity Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.88

7.13

15.25

11.83

12.68

Nexity Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.09	4.72	6.86	2.58	3.00

Competitive Comparison of Nexity's Receivables Turnover

For the Real Estate - Diversified subindustry, Nexity'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.

Nexity's Receivables Turnover Distribution in the Real Estate Industry

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

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

Nexity Receivables Turnover Calculation

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

Nexity'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 )
=	4323.131	/ (	(380.032	+	301.835)	/	2 )
=	4323.131	/	340.9335
=	12.68

Nexity'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 )
=	2260.297	/ (	(1207.085	+	301.835)	/	2 )
=	2260.297	/	754.46
=	3.00

Nexity (OTCPK:NXYAF) 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.

Nexity Receivables Turnover Related Terms

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Nexity (Nexity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nexity SA (OTCPK:NXYAF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NNXXY:USA 0KB3:UK NXI:France NQ9:Germany

Address

1, terrasse Bellini, South Esplanade, TSA 48200, Paris La Defense cedex, FRA, 92919

Website

http://www.nexity.fr

Nexity SA is a fully integrated real estate company with operations in residential real estate, commercial real estate, real estate services, distribution networks, client relations and urban projects. Its business is divided into Residential real estate, commercial real estate, Services and Networks and Other Activities segments. The firm serves to individuals, companies, and investors. It mainly operates in France.