DG-Net (WAR:DGN) Receivables Turnover : 4.01 (As of Mar. 2024)

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What is DG-Net 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. DG-Net's Revenue for the three months ended in Mar. 2024 was zł4.00 Mil. DG-Net's average Accounts Receivable for the three months ended in Mar. 2024 was zł1.00 Mil. Hence, DG-Net's Receivables Turnover for the three months ended in Mar. 2024 was 4.01.

DG-Net Receivables Turnover Historical Data

The historical data trend for DG-Net'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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DG-Net Receivables Turnover Chart

DG-Net Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

6.56

8.69

10.13

13.71

20.30

DG-Net Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial											4.39	5.78	5.80	5.16	4.01

Competitive Comparison of DG-Net's Receivables Turnover

For the Telecom Services subindustry, DG-Net'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.

DG-Net's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, DG-Net's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DG-Net's Receivables Turnover falls into.

DG-Net Receivables Turnover Calculation

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

DG-Net'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 )
=	15.619	/ (	(0.69	+	0.849)	/	2 )
=	15.619	/	0.7695
=	20.30

DG-Net'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 )
=	4.001	/ (	(0.849	+	1.146)	/	2 )
=	4.001	/	0.9975
=	4.01

DG-Net (WAR:DGN) 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.

DG-Net Receivables Turnover Related Terms

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DG-Net (WAR:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » DG-Net SA (WAR:DGN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aleje Jerozolimskie 96, Warsaw, POL, 00-807

Website

https://www.dgnetsa.pl

DG-Net SA is engaged in the provision of telecommunications services, including primarily fiber-optic Internet access. The company offers technological solutions in the field of connection to the infrastructure, partly based on its fiber-optic network, using the lease of the central network. Its brands include Fibo and DG-Net Biznes.

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