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Aeffe SpA (MIL:AEF) Receivables Turnover : 1.39 (As of Mar. 2024)


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What is Aeffe SpA 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. Aeffe SpA's Revenue for the three months ended in Mar. 2024 was €81.9 Mil. Aeffe SpA's average Accounts Receivable for the three months ended in Mar. 2024 was €58.8 Mil. Hence, Aeffe SpA's Receivables Turnover for the three months ended in Mar. 2024 was 1.39.


Aeffe SpA Receivables Turnover Historical Data

The historical data trend for Aeffe SpA'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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Aeffe SpA Receivables Turnover Chart

Aeffe SpA 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 8.54 6.94 7.47 6.44 5.54

Aeffe SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only 1.38 1.08 1.46 1.10 1.39

Competitive Comparison of Aeffe SpA's Receivables Turnover

For the Apparel Manufacturing subindustry, Aeffe SpA'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.


Aeffe SpA's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aeffe SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aeffe SpA's Receivables Turnover falls into.



Aeffe SpA Receivables Turnover Calculation

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

Aeffe SpA'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 )
=329.362 / ((62.851 + 56.122) / 2 )
=329.362 / 59.4865
=5.54

Aeffe SpA'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 )
=81.868 / ((56.122 + 61.383) / 2 )
=81.868 / 58.7525
=1.39

* 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.


Aeffe SpA  (MIL:AEF) 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.


Aeffe SpA Receivables Turnover Related Terms

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Aeffe SpA (MIL:AEF) Business Description

Traded in Other Exchanges
Address
Via Delle Querce, 51, San Giovanni in Marignano, Rimini, ITA, 47842
Aeffe SpA is an Italian company engaged in the designing, production, and distribution of fashion and luxury goods. The business activity of the firm is operated through two segments. The Pret-a Porter segment is engaged in the development of luxury ready-to-wear clothing and lingerie, beachwear, and loungewear collections. The Footwear and leather goods segment handles footwear, small leather goods, bags, and matching accessories made from exclusive materials. The products are offered under the brands like Alberta Ferretti, Philosophy, Moschino, and Pollini. Its geographical segments are Italy, Europe (excluding Italy), Asia and the rest of the world, and America.