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Douglas Elliman (FRA:8OT) Receivables Turnover : 9.63 (As of Mar. 2024)


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What is Douglas Elliman 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. Douglas Elliman's Revenue for the three months ended in Mar. 2024 was €184.2 Mil. Douglas Elliman's average Accounts Receivable for the three months ended in Mar. 2024 was €19.1 Mil. Hence, Douglas Elliman's Receivables Turnover for the three months ended in Mar. 2024 was 9.63.


Douglas Elliman Receivables Turnover Historical Data

The historical data trend for Douglas Elliman'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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Douglas Elliman Receivables Turnover Chart

Douglas Elliman Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 36.80 32.45 49.09 43.83 42.83

Douglas Elliman Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.18 12.12 10.59 8.70 9.63

Competitive Comparison of Douglas Elliman's Receivables Turnover

For the Real Estate Services subindustry, Douglas Elliman'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.


Douglas Elliman's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Douglas Elliman's Receivables Turnover distribution charts can be found below:

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



Douglas Elliman Receivables Turnover Calculation

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

Douglas Elliman'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 )
=876.265 / ((20.921 + 19.999) / 2 )
=876.265 / 20.46
=42.83

Douglas Elliman's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=184.22 / ((19.999 + 18.242) / 2 )
=184.22 / 19.1205
=9.63

* 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.


Douglas Elliman  (FRA:8OT) 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.


Douglas Elliman Receivables Turnover Related Terms

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Douglas Elliman (FRA:8OT) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, Miami, FL, USA, 33137
Douglas Elliman Inc is a real estate company. It offers sales, rentals, and new development to mortgages and title insurance, among other services related to real estate. Business is engaged in two operating segments Real Estate Brokerage and Corporate and other. The firm generates income from Commission and other brokerage revenue from existing home sales, Commission and other brokerage income from development marketing, Property management revenue and Title fees.

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