BOOSTHEAT (XPAR:ALBOO) Receivables Turnover : 1.73 (As of Jun. 2021)

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What is BOOSTHEAT 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. BOOSTHEAT's Revenue for the six months ended in Jun. 2021 was €0.04 Mil. BOOSTHEAT's average Accounts Receivable for the six months ended in Jun. 2021 was €0.02 Mil. Hence, BOOSTHEAT's Receivables Turnover for the six months ended in Jun. 2021 was 1.73.

BOOSTHEAT Receivables Turnover Historical Data

The historical data trend for BOOSTHEAT'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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BOOSTHEAT Receivables Turnover Chart

BOOSTHEAT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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1.02

3.69

BOOSTHEAT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Receivables Turnover	Get a 7-Day Free Trial				0.03	2.66	0.37	9.79	1.73

Competitive Comparison of BOOSTHEAT's Receivables Turnover

For the Consumer Electronics subindustry, BOOSTHEAT'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.

BOOSTHEAT's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOOSTHEAT's Receivables Turnover distribution charts can be found below:

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

BOOSTHEAT Receivables Turnover Calculation

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

BOOSTHEAT's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	0.363	/ (	(0.175	+	0.022)	/	2 )
=	0.363	/	0.0985
=	3.69

BOOSTHEAT's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

	Receivables Turnover (Q: Jun. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2021 )	/ (	(Accounts Receivable (Q: Dec. 2020 )	+	Accounts Receivable (Q: Jun. 2021 ))	/	count )
=	0.038	/ (	(0.022	+	0)	/	1 )
=	0.038	/	0.022
=	1.73

BOOSTHEAT (XPAR:ALBOO) 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.

BOOSTHEAT Receivables Turnover Related Terms

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BOOSTHEAT (XPAR:ALBOO) Business Description

Industry

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Traded in Other Exchanges

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Address

41-47, boulevard Marcel, Sembat, Venissieux, FRA, 69200

Website

https://www.boostheat.fr

BOOSTHEAT is engaged in designing, developing, and production of heating solutions that are technological, energy-efficient, and sustainable.

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