GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AFC Ajax NV (LTS:0DI7) » Definitions » Receivables Turnover

AFC Ajax NV (LTS:0DI7) Receivables Turnover : 0.86 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is AFC Ajax 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. AFC Ajax NV's Revenue for the six months ended in Dec. 2023 was €79.8 Mil. AFC Ajax NV's average Accounts Receivable for the six months ended in Dec. 2023 was €92.7 Mil. Hence, AFC Ajax NV's Receivables Turnover for the six months ended in Dec. 2023 was 0.86.


AFC Ajax NV Receivables Turnover Historical Data

The historical data trend for AFC Ajax 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.

AFC Ajax NV Receivables Turnover Chart

AFC Ajax NV Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.57 2.12 3.31 2.86

AFC Ajax 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 2.21 1.19 1.57 0.86 0.86

Competitive Comparison of AFC Ajax NV's Receivables Turnover

For the Entertainment subindustry, AFC Ajax 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.


AFC Ajax NV's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AFC Ajax NV's Receivables Turnover distribution charts can be found below:

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



AFC Ajax NV Receivables Turnover Calculation

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

AFC Ajax NV's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=188.638 / ((59.545 + 72.558) / 2 )
=188.638 / 66.0515
=2.86

AFC Ajax 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 )
=79.839 / ((72.558 + 112.936) / 2 )
=79.839 / 92.747
=0.86

* 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.


AFC Ajax NV  (LTS:0DI7) 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.


AFC Ajax NV Receivables Turnover Related Terms

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


AFC Ajax NV (LTS:0DI7) Business Description

Traded in Other Exchanges
Address
29 Boulevard Arena, Zuildoost, Amsterdam, NLD, 1101 AX
AFC Ajax NV operates a football club. It also owns and operates a football stadium. The company through its online shop offers items such as football kits and training items. It derives revenue from selling television and merchandising rights and advertising.

AFC Ajax NV (LTS:0DI7) Headlines

No Headlines