Fabasoft AG (Fabasoft AG) Receivables Turnover : 1.22 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Fabasoft AG 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. Fabasoft AG's Revenue for the three months ended in Dec. 2023 was $23.20 Mil. Fabasoft AG's average Accounts Receivable for the three months ended in Dec. 2023 was $18.94 Mil. Hence, Fabasoft AG's Receivables Turnover for the three months ended in Dec. 2023 was 1.22.

Fabasoft AG Receivables Turnover Historical Data

The historical data trend for Fabasoft AG'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.

* Premium members only.

Fabasoft AG Receivables Turnover Chart

Fabasoft AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

2.76

4.32

5.62

6.56

6.02

Fabasoft AG 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															1.22	1.40	1.32	1.19	1.22

Competitive Comparison of Fabasoft AG's Receivables Turnover

For the Software - Application subindustry, Fabasoft AG'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.

Fabasoft AG's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Fabasoft AG's Receivables Turnover distribution charts can be found below:

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

Fabasoft AG Receivables Turnover Calculation

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

Fabasoft AG's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	74.119	/ (	(9.983	+	14.647)	/	2 )
=	74.119	/	12.315
=	6.02

Fabasoft AG'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 )
=	23.196	/ (	(17.594	+	20.29)	/	2 )
=	23.196	/	18.942
=	1.22

Fabasoft AG (OTCPK:FBSFF) 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.

Fabasoft AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Fabasoft AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Fabasoft AG (Fabasoft AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fabasoft AG (OTCPK:FBSFF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FAA:Germany

Address

Honauerstrasse 4, Linz, AUT, A-4020

Website

https://www.fabasoft.com

Fabasoft AG is a software manufacturer and provider of cloud services for the digital control of documents as well as electronic document, process, and record management. The software ensures the consistent capture, organization, secure storage, and context-sensitive findings of all digital business documents and the media-neutral multi-channel publishing of digital content. Its software products can be used based on purchasing models with payment of one-off software license fees and optional recurring update tees or based on recurring usage fees for cloud services, Software-as-a-Service (SaaS). The company earns revenue from sales of software and services. Its business is classified under geographical segment that includes Austria, Germany, Switzerland, and Other countries.