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Sword Group (XPAR:SWP) Receivables Turnover : 4.25 (As of Dec. 2023)


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What is Sword 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. Sword Group's Revenue for the six months ended in Dec. 2023 was €142.0 Mil. Sword Group's average Accounts Receivable for the six months ended in Dec. 2023 was €33.4 Mil. Hence, Sword Group's Receivables Turnover for the six months ended in Dec. 2023 was 4.25.


Sword Group Receivables Turnover Historical Data

The historical data trend for Sword 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.

* Premium members only.

Sword Group Receivables Turnover Chart

Sword Group 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 6.04 7.08 7.76 8.43 8.49

Sword 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 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 4.18 4.01 4.27 4.62 4.25

Competitive Comparison of Sword Group's Receivables Turnover

For the Software - Application subindustry, Sword 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.


Sword Group's Receivables Turnover Distribution in the Software Industry

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

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



Sword Group Receivables Turnover Calculation

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

Sword 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 )
=288.128 / ((32.173 + 35.7) / 2 )
=288.128 / 33.9365
=8.49

Sword 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 )
=142.004 / ((31.128 + 35.7) / 2 )
=142.004 / 33.414
=4.25

* 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.


Sword Group  (XPAR:SWP) 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.


Sword Group Receivables Turnover Related Terms

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Sword Group (XPAR:SWP) Business Description

Traded in Other Exchanges
Address
2, rue d’Arlon, Windhof, LUX, L-8399
Sword Group is a computer engineering services company which provides consulting, services and software. The firm's main business segments are IT Services and Software. These segments encompass information and content engineering systems integration, targeting of regulated markets, compliance management, software for risk and compliance, document and project management. The firm generates revenues mainly from consultancy and engineering services and sale of software licenses. Its targeted markets are institutions and government authorities, healthcare, banking and insurance, intellectual property and sports federations.