Amplifon SpA (MIL:AMP) Receivables Turnover : 2.83 (As of Dec. 2023)

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What is Amplifon 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. Amplifon SpA's Revenue for the three months ended in Dec. 2023 was €615 Mil. Amplifon SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €217 Mil. Hence, Amplifon SpA's Receivables Turnover for the three months ended in Dec. 2023 was 2.83.

Amplifon SpA Receivables Turnover Historical Data

The historical data trend for Amplifon 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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Amplifon SpA Receivables Turnover Chart

Amplifon SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

9.25

8.03

11.54

11.75

10.68

Amplifon SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.14	2.83	2.96	2.66	2.83

Competitive Comparison of Amplifon SpA's Receivables Turnover

For the Medical Distribution subindustry, Amplifon 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.

Amplifon SpA's Receivables Turnover Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Amplifon SpA's Receivables Turnover distribution charts can be found below:

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

Amplifon SpA Receivables Turnover Calculation

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

Amplifon 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 )
=	2260.084	/ (	(192.066	+	231.253)	/	2 )
=	2260.084	/	211.6595
=	10.68

Amplifon SpA'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	615.019	/ (	(202.889	+	231.253)	/	2 )
=	615.019	/	217.071
=	2.83

Amplifon SpA (MIL:AMP) 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.

Amplifon SpA Receivables Turnover Related Terms

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Amplifon SpA (MIL:AMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Amplifon SpA (MIL:AMP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AMFPF:USA AMPm:UK 0N61:UK AXNA:Germany

Address

Via Ripamonti, 133, Milano, ITA, 20141

Website

https://corporate.amplifon.com

Amplifon SpA provides customizable hearing solutions and services through a distribution network of network affiliates, corporate shops, franchises, and shop-in-shops. Amplifon operates in three segments based on geography: the Americas; Europe, the Middle East, and Africa; and Asia-Pacific. It generates the majority of its revenue in the EMEA region. Amplifon operates under a variety of brands in these regions, including Amplifon, Beter Horen, Maxtone, and Miracle-Ear. The majority of Amplifon's direct points of sale are in Italy.