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Linedata Services (XPAR:LIN) Receivables Turnover : 2.57 (As of Dec. 2023)


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What is Linedata Services 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. Linedata Services's Revenue for the six months ended in Dec. 2023 was €95.8 Mil. Linedata Services's average Accounts Receivable for the six months ended in Dec. 2023 was €37.2 Mil. Hence, Linedata Services's Receivables Turnover for the six months ended in Dec. 2023 was 2.57.


Linedata Services Receivables Turnover Historical Data

The historical data trend for Linedata Services'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.

* Premium members only.

Linedata Services Receivables Turnover Chart

Linedata Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 4.15 4.37 4.61 4.79

Linedata Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.20 2.20 2.38 2.40 2.57

Competitive Comparison of Linedata Services's Receivables Turnover

For the Software - Application subindustry, Linedata Services'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.


Linedata Services's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Linedata Services's Receivables Turnover distribution charts can be found below:

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



Linedata Services Receivables Turnover Calculation

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

Linedata Services'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 )
=183.29 / ((37.51 + 39.025) / 2 )
=183.29 / 38.2675
=4.79

Linedata Services'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 )
=95.82 / ((35.435 + 39.025) / 2 )
=95.82 / 37.23
=2.57

* 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.


Linedata Services  (XPAR:LIN) 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.


Linedata Services Receivables Turnover Related Terms

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Linedata Services (XPAR:LIN) Business Description

Traded in Other Exchanges
Address
19 rue d'Orleans, Neuilly-sur-Seine, FRA, 92200
Linedata Services SA provides software and service solutions. It caters to the requirements of investment, employee savings, insurance and savings, leasing and credit, and Software as a Service. The company publishes and integrates software packages for the finance sector. It also offers consulting, outsourcing, and maintenance services.