Aedifica (XBRU:AED) Receivables Turnover : 4.81 (As of Mar. 2024)

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What is Aedifica 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. Aedifica's Revenue for the three months ended in Mar. 2024 was €84.1 Mil. Aedifica's average Accounts Receivable for the three months ended in Mar. 2024 was €17.5 Mil. Hence, Aedifica's Receivables Turnover for the three months ended in Mar. 2024 was 4.81.

Aedifica Receivables Turnover Historical Data

The historical data trend for Aedifica'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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Aedifica Receivables Turnover Chart

Aedifica Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec21

Dec22

Dec23

Receivables Turnover

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13.24

20.39

14.94

12.59

13.71

Aedifica Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.81	2.62	2.70	2.99	4.81

Competitive Comparison of Aedifica's Receivables Turnover

For the REIT - Healthcare Facilities subindustry, Aedifica'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.

Aedifica's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aedifica's Receivables Turnover distribution charts can be found below:

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

Aedifica Receivables Turnover Calculation

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

Aedifica'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 )
=	321.367	/ (	(23.577	+	23.29)	/	2 )
=	321.367	/	23.4335
=	13.71

Aedifica'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 )
=	84.056	/ (	(23.29	+	11.628)	/	2 )
=	84.056	/	17.459
=	4.81

Aedifica (XBRU:AED) 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.

Aedifica Receivables Turnover Related Terms

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Aedifica (XBRU:AED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Aedifica SA (XBRU:AED) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AEDFF:USA AEDb:UK 0DKX:UK AOO:Germany

Address

Rue Belliard 40 (box 11), Brussels, BEL, B-1040

Website

https://www.aedifica.eu

Aedifica SA is a Belgian real estate investment trust that invests in, develops, and leases healthcare properties. The company focuses on providing housing for the aging population in Western Europe and the growing populations in Belgium's major cities. The majority of Aedifica's real estate portfolio is composed of Elderly care homes. The company derives the vast majority of its income in the form of rental revenue. Its geographical segments are Belgium, Germany, Netherlands, Ireland, United Kingdom, Finland, and Sweden.