GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 2invest AG (XTER:2INV) » Definitions » Receivables Turnover

2invest AG (XTER:2INV) Receivables Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is 2invest AG 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. 2invest AG's Revenue for the six months ended in Dec. 2023 was €0.00 Mil. 2invest AG's average Accounts Receivable for the six months ended in Dec. 2023 was €0.28 Mil.


2invest AG Receivables Turnover Historical Data

The historical data trend for 2invest AG'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.

2invest AG Receivables Turnover Chart

2invest AG 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 0.01 - - - -

2invest AG 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 - - - - -

Competitive Comparison of 2invest AG's Receivables Turnover

For the Asset Management subindustry, 2invest AG'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.


2invest AG's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 2invest AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 2invest AG's Receivables Turnover falls into.



2invest AG Receivables Turnover Calculation

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

2invest AG'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 )
=0 / ((0 + 0.278) / 1 )
=0 / 0.278
=N/A

2invest AG'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 )
=0 / ((0 + 0.278) / 1 )
=0 / 0.278
=N/A

* 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.


2invest AG  (XTER:2INV) 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.


2invest AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of 2invest AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


2invest AG (XTER:2INV) Business Description

Traded in Other Exchanges
Address
Ziegelhauser Landstr. 3, Heidelberg, BW, DEU, 69120
2invest AG is engaged in the acquisition, management, and sale of investments in corporations and partnerships, especially but not exclusively in the biotechnology, life science, and IT sectors in Germany and abroad.

2invest AG (XTER:2INV) Headlines

No Headlines