Trupanion (STU:TPW) Receivables Turnover : 1.12 (As of Mar. 2024)

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What is Trupanion 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. Trupanion's Revenue for the three months ended in Mar. 2024 was €282 Mil. Trupanion's average Accounts Receivable for the three months ended in Mar. 2024 was €251 Mil. Hence, Trupanion's Receivables Turnover for the three months ended in Mar. 2024 was 1.12.

Trupanion Receivables Turnover Historical Data

The historical data trend for Trupanion'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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Trupanion Receivables Turnover Chart

Trupanion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.01

6.33

5.43

4.67

4.37

Trupanion 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															1.06	1.05	1.06	1.07	1.12

Competitive Comparison of Trupanion's Receivables Turnover

For the Insurance - Specialty subindustry, Trupanion'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.

Trupanion's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Trupanion's Receivables Turnover distribution charts can be found below:

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

Trupanion Receivables Turnover Calculation

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

Trupanion'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 )
=	1016.591	/ (	(219.422	+	245.663)	/	2 )
=	1016.591	/	232.5425
=	4.37

Trupanion'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 )
=	281.631	/ (	(245.663	+	256.213)	/	2 )
=	281.631	/	250.938
=	1.12

Trupanion (STU:TPW) 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.

Trupanion Receivables Turnover Related Terms

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Trupanion (STU:TPW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Trupanion Inc (STU:TPW) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TRUP:USA TPW:Germany

Address

6100 4th Avenue South, Suite 400, Seattle, WA, USA, 98108

Website

https://www.trupanion.com

Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue primarily from subscription fees related to the Company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than our subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions.

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