Adevinta ASA (OSL:ADE) Receivables Turnover : 1.82 (As of Dec. 2023)

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What is Adevinta ASA 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. Adevinta ASA's Revenue for the three months ended in Dec. 2023 was kr5,419 Mil. Adevinta ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr2,970 Mil. Hence, Adevinta ASA's Receivables Turnover for the three months ended in Dec. 2023 was 1.82.

Adevinta ASA Receivables Turnover Historical Data

The historical data trend for Adevinta ASA'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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Adevinta ASA Receivables Turnover Chart

Adevinta ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.79

7.77

9.83

11.08

10.56

Adevinta ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.17	1.99	1.63	1.49	1.82

Competitive Comparison of Adevinta ASA's Receivables Turnover

For the Internet Content & Information subindustry, Adevinta ASA'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.

Adevinta ASA's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Adevinta ASA's Receivables Turnover distribution charts can be found below:

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

Adevinta ASA Receivables Turnover Calculation

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

Adevinta ASA'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 )
=	21006.766	/ (	(1643.195	+	2335.363)	/	2 )
=	21006.766	/	1989.279
=	10.56

Adevinta ASA'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	5418.503	/ (	(3605.422	+	2335.363)	/	2 )
=	5418.503	/	2970.3925
=	1.82

Adevinta ASA (OSL:ADE) 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.

Adevinta ASA Receivables Turnover Related Terms

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Adevinta ASA (OSL:ADE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Adevinta ASA (OSL:ADE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ADEVY:USA ADEVF:USA ADEO:Sweden ADEo:UK AD5B:Germany

Address

Grensen 5, P.O. Box 490, Sentrum, Oslo, NOR, NO-0105

Website

https://www.adevinta.com

Adevinta ASA is a Global online classifieds company with generalist, real estate, cars, jobs, and other internet marketplaces. It focuses on connecting buyers seeking goods or services with a large base of sellers. The company's local brands include leboncoin in France, InfoJobs and Fotocasa in Spain, OLX in Brazil, Subito in Italy, and Jofogas in Hungary, among many others. Its geographical segment includes France; Spain; Brazil; Global Markets and others. The company derives a majority of revenue from France.

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