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NEPI Rockcastle NV (JSE:NRP) Receivables Turnover : 5.60 (As of Dec. 2023)


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What is NEPI Rockcastle 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. NEPI Rockcastle NV's Revenue for the six months ended in Dec. 2023 was R7,731 Mil. NEPI Rockcastle NV's average Accounts Receivable for the six months ended in Dec. 2023 was R1,382 Mil. Hence, NEPI Rockcastle NV's Receivables Turnover for the six months ended in Dec. 2023 was 5.60.


NEPI Rockcastle NV Receivables Turnover Historical Data

The historical data trend for NEPI Rockcastle 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.

* Premium members only.

NEPI Rockcastle NV Receivables Turnover Chart

NEPI Rockcastle 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 12.87 14.06 12.85 11.77 12.18

NEPI Rockcastle 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 6.61 5.90 5.90 6.50 5.60

Competitive Comparison of NEPI Rockcastle NV's Receivables Turnover

For the Real Estate - Diversified subindustry, NEPI Rockcastle 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.


NEPI Rockcastle NV's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, NEPI Rockcastle NV's Receivables Turnover distribution charts can be found below:

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



NEPI Rockcastle NV Receivables Turnover Calculation

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

NEPI Rockcastle 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 )
=15533.537 / ((1092.649 + 1457.321) / 2 )
=15533.537 / 1274.985
=12.18

NEPI Rockcastle 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 )
=7731.494 / ((1305.698 + 1457.321) / 2 )
=7731.494 / 1381.5095
=5.60

* 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.


NEPI Rockcastle NV  (JSE:NRP) 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.


NEPI Rockcastle NV Receivables Turnover Related Terms

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NEPI Rockcastle NV (JSE:NRP) Business Description

Traded in Other Exchanges
Address
Claude Debussylaan 7-29, Tribes Offices SOM Building 3rd Floor, Amsterdam, NH, NLD, 1082MC
NEPI Rockcastle NV is a commercial property investor and developer. The business activities of the group have functioned through Retail, Office, Residential, Industrial, and Corporate segments. The Retail segment acquires, develops and leases retail properties in Romania, Slovakia, Czech Republic, Serbia, and Croatia; the Office segment acquires, develops and leases office properties in Romania and Slovakia; the Industrial segment acquires, develops and leases industrial facilities in Romania, and Corporate segment focuses on activities related to financing expenses. The vast majority of its contracted rentable areas are occupied by large tenants and major franchises. The company generates revenue from rent and expense recovery.