Allego NV (FRA:JS9) Receivables Turnover : 1.84 (As of Dec. 2023)

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What is Allego 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. Allego NV's Revenue for the six months ended in Dec. 2023 was €77.2 Mil. Allego NV's average Accounts Receivable for the six months ended in Dec. 2023 was €42.1 Mil. Hence, Allego NV's Receivables Turnover for the six months ended in Dec. 2023 was 1.84.

Allego NV Receivables Turnover Historical Data

The historical data trend for Allego 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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Allego NV Receivables Turnover Chart

Allego NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.24

2.80

2.75

3.26

3.24

Allego NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				1.52	1.28	1.95	1.71	1.84

Competitive Comparison of Allego NV's Receivables Turnover

For the Specialty Retail subindustry, Allego 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.

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

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

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

Allego NV Receivables Turnover Calculation

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

Allego 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 )
=	145.453	/ (	(42.67	+	47.228)	/	2 )
=	145.453	/	44.949
=	3.24

Allego 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 )
=	77.242	/ (	(36.933	+	47.228)	/	2 )
=	77.242	/	42.0805
=	1.84

Allego NV (FRA:JS9) 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.

Allego NV Receivables Turnover Related Terms

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Allego NV (FRA:JS9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Allego NV (FRA:JS9) » Definitions » Receivables Turnover

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ALLG:USA

Address

Industriepark Kleefse Waard, Westervoortsedijk 73 KB, Arnhem, NLD, 6827 AV

Website

https://www.allego.eu

Allego NV delivers charging solutions for electric cars, motors, buses, and trucks, for consumers, businesses, and cities. Its end-to-end charging solutions make it easier for companies and cities to deliver the infrastructure drivers need.

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