Mon Courtier Energie Groupe (XPAR:ALMCE) Receivables Turnover : 1.81 (As of Dec. 2023)

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What is Mon Courtier Energie Groupe 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. Mon Courtier Energie Groupe's Revenue for the six months ended in Dec. 2023 was €10.60 Mil. Mon Courtier Energie Groupe's average Accounts Receivable for the six months ended in Dec. 2023 was €5.85 Mil. Hence, Mon Courtier Energie Groupe's Receivables Turnover for the six months ended in Dec. 2023 was 1.81.

Mon Courtier Energie Groupe Receivables Turnover Historical Data

The historical data trend for Mon Courtier Energie Groupe'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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Mon Courtier Energie Groupe Receivables Turnover Chart

Mon Courtier Energie Groupe Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

0.43

8.14

4.98

Mon Courtier Energie Groupe Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	4.46	3.81	2.36	1.81

Competitive Comparison of Mon Courtier Energie Groupe's Receivables Turnover

For the Specialty Business Services subindustry, Mon Courtier Energie Groupe'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.

Mon Courtier Energie Groupe's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mon Courtier Energie Groupe's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mon Courtier Energie Groupe's Receivables Turnover falls into.

Mon Courtier Energie Groupe Receivables Turnover Calculation

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

Mon Courtier Energie Groupe'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 )
=	21.043	/ (	(2.803	+	5.653)	/	2 )
=	21.043	/	4.228
=	4.98

Mon Courtier Energie Groupe'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 )
=	10.599	/ (	(6.048	+	5.653)	/	2 )
=	10.599	/	5.8505
=	1.81

Mon Courtier Energie Groupe (XPAR:ALMCE) 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.

Mon Courtier Energie Groupe Receivables Turnover Related Terms

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Mon Courtier Energie Groupe (XPAR:ALMCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mon Courtier Energie Groupe SA (XPAR:ALMCE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

O4Z:Germany

Address

22-26 Quai de Bacalan, Bordeaux, FRA, 33000

Website

https://www.moncourtierenergie.com

Mon Courtier Energie Groupe SA provides energy expertise and brokerage services in France with its 23 agencies distributed on the national territory. It supports companies of all sizes in various sectors such as health, real estate, catering, hotels, shops or industry.

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