Nvni Group (Nvni Group) Receivables Turnover : 12.72 (As of Dec. 2022)

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What is Nvni Group 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. Nvni Group's Revenue for the six months ended in Dec. 2022 was $23.74 Mil. Nvni Group's average Accounts Receivable for the six months ended in Dec. 2022 was $1.87 Mil. Hence, Nvni Group's Receivables Turnover for the six months ended in Dec. 2022 was 12.72.

Nvni Group Receivables Turnover Historical Data

The historical data trend for Nvni Group'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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Nvni Group Receivables Turnover Chart

Nvni Group Annual Data

Trend

Dec20

Dec21

Dec22

Receivables Turnover

17.51

12.72

Nvni Group Semi-Annual Data
	Dec20	Dec21	Dec22
Receivables Turnover	-	17.51	12.72

Competitive Comparison of Nvni Group's Receivables Turnover

For the Software - Application subindustry, Nvni Group'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.

Nvni Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Nvni Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nvni Group's Receivables Turnover falls into.

Nvni Group Receivables Turnover Calculation

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

Nvni Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	23.744	/ (	(1.812	+	1.921)	/	2 )
=	23.744	/	1.8665
=	12.72

Nvni Group's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	23.744	/ (	(1.812	+	1.921)	/	2 )
=	23.744	/	1.8665
=	12.72

Nvni Group (NAS:NVNI) 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.

Nvni Group Receivables Turnover Related Terms

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Nvni Group (Nvni Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nvni Group Ltd (NAS:NVNI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Jesuíno Arruda, No.769, Suite 20B, Itaim Bibi, Sao Paulo, SP, BRA, 04532-082

Website

https://www.nuvini.co

Nvni Group Ltd is a holding company that conducts all of its business through Nuvini SA and Nuvini acquired companies. Nuvini S.A. acquires and operates software companies within SaaS markets in Brazil. Nuvini S.A. is the leading private serial software business acquirer in Brazil and intends to use funding and capital markets access to continue expanding its acquisition strategy in Brazil and Latin America. The Company has determined that it has a single operating and reportable segment which is multi-vertical SaaS solution model.

Nvni Group (Nvni Group) Headlines

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