Actia group (XPAR:ALATI) Receivables Turnover : 1.83 (As of Dec. 2023)

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What is Actia 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. Actia group's Revenue for the six months ended in Dec. 2023 was €290.6 Mil. Actia group's average Accounts Receivable for the six months ended in Dec. 2023 was €159.0 Mil. Hence, Actia group's Receivables Turnover for the six months ended in Dec. 2023 was 1.83.

Actia group Receivables Turnover Historical Data

The historical data trend for Actia 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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Actia group Receivables Turnover Chart

Actia group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.58

3.12

3.28

3.69

Actia group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.61	1.68	1.62	1.79	1.83

Competitive Comparison of Actia group's Receivables Turnover

For the Auto Parts subindustry, Actia 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.

Actia group's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Actia group's Receivables Turnover distribution charts can be found below:

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

Actia group Receivables Turnover Calculation

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

Actia group'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 )
=	579.322	/ (	(159.762	+	154.368)	/	2 )
=	579.322	/	157.065
=	3.69

Actia group'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	290.63	/ (	(163.7	+	154.368)	/	2 )
=	290.63	/	159.034
=	1.83

Actia group (XPAR:ALATI) 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.

Actia group Receivables Turnover Related Terms

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Actia group (XPAR:ALATI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Actia group (XPAR:ALATI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AG9:Germany

Address

5, rue Jorge Semprun, Toulouse Cedex 4, FRA, 31432

Website

https://www.actia.com

Actia group is engaged in developing solutions for the electronic management of vehicles. The company designs and manufactures electronics for system management in the Automotive and Telecommunications fields. It serves various markets including Manufacturers, Fleets and after-sales networks of light vehicles and LUV; Bus and Coach manufacturers, Defence equipment in the Aeronautics-Space-Defence sector; and Broadcast, Mobile Telephony, and SATCOM in the Telecommunications operator sector. It operates through two segments: Automotive Division and Telecom Division. The firm generates the majority of revenue from the Automotive Division.

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