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Alumexx NV (XAMS:ALX) Receivables Turnover : 6.86 (As of Dec. 2023)


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What is Alumexx NV 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. Alumexx NV's Revenue for the six months ended in Dec. 2023 was €19.09 Mil. Alumexx NV's average Accounts Receivable for the six months ended in Dec. 2023 was €2.78 Mil. Hence, Alumexx NV's Receivables Turnover for the six months ended in Dec. 2023 was 6.86.


Alumexx NV Receivables Turnover Historical Data

The historical data trend for Alumexx NV'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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Alumexx NV Receivables Turnover Chart

Alumexx NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 17.52 20.53 19.96 28.24

Alumexx NV Semi-Annual 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.92 8.89 11.01 7.90 6.86

Competitive Comparison of Alumexx NV's Receivables Turnover

For the Internet Retail subindustry, Alumexx NV'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.


Alumexx NV's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alumexx NV's Receivables Turnover distribution charts can be found below:

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



Alumexx NV Receivables Turnover Calculation

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

Alumexx NV'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 )
=34.364 / ((0.369 + 2.065) / 2 )
=34.364 / 1.217
=28.24

Alumexx NV'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 )
=19.092 / ((3.498 + 2.065) / 2 )
=19.092 / 2.7815
=6.86

* 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.


Alumexx NV  (XAMS:ALX) 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.


Alumexx NV Receivables Turnover Related Terms

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Alumexx NV (XAMS:ALX) Business Description

Traded in Other Exchanges
Address
Leerlooierstraat 30, Etten-Leur, NLD, 4871 EN
Alumexx NV is a manufacturer of aluminum climbing materials for the do-it-yourself market. The company's product includes affordable and quality ladders, stairs and scaffolding.

Alumexx NV (XAMS:ALX) Headlines

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