Aelis Farma (XPAR:AELIS) Receivables Turnover : 3.02 (As of Dec. 2023)

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What is Aelis Farma 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. Aelis Farma's Revenue for the six months ended in Dec. 2023 was €5.32 Mil. Aelis Farma's average Accounts Receivable for the six months ended in Dec. 2023 was €1.76 Mil. Hence, Aelis Farma's Receivables Turnover for the six months ended in Dec. 2023 was 3.02.

Aelis Farma Receivables Turnover Historical Data

The historical data trend for Aelis Farma'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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Aelis Farma Receivables Turnover Chart

Aelis Farma Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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533.82

6.93

6.37

Aelis Farma Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial					67.88	117.06	1.68	3.45	3.02

Competitive Comparison of Aelis Farma's Receivables Turnover

For the Biotechnology subindustry, Aelis Farma'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.

Aelis Farma's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Aelis Farma's Receivables Turnover distribution charts can be found below:

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

Aelis Farma Receivables Turnover Calculation

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

Aelis Farma'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 )
=	9.054	/ (	(1.082	+	1.759)	/	2 )
=	9.054	/	1.4205
=	6.37

Aelis Farma'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 )
=	5.32	/ (	(0	+	1.759)	/	1 )
=	5.32	/	1.759
=	3.02

Aelis Farma (XPAR:AELIS) 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.

Aelis Farma Receivables Turnover Related Terms

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Aelis Farma (XPAR:AELIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Aelis Farma SA (XPAR:AELIS) » Definitions » Receivables Turnover

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69O:Germany

Address

146, rue Leo Saignat, Bordeaux, FRA, 33077

Website

https://www.aelisfarma.com

Aelis Farma SA is a biotechnology Company specializing in the research and development of treatment's related to brain diseases.

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