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CPI Property Group (XTER:O5G) Receivables Turnover : 2.05 (As of Dec. 2023)


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What is CPI Property 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. CPI Property Group's Revenue for the three months ended in Dec. 2023 was €399 Mil. CPI Property Group's average Accounts Receivable for the three months ended in Dec. 2023 was €194 Mil. Hence, CPI Property Group's Receivables Turnover for the three months ended in Dec. 2023 was 2.05.


CPI Property Group Receivables Turnover Historical Data

The historical data trend for CPI Property 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.

CPI Property Group Receivables Turnover Chart

CPI Property 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 9.00 7.49 6.95 8.45 7.96

CPI Property Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.24 1.95 2.01 2.60 2.05

Competitive Comparison of CPI Property Group's Receivables Turnover

For the Real Estate Services subindustry, CPI Property 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.


CPI Property Group's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CPI Property Group's Receivables Turnover distribution charts can be found below:

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



CPI Property Group Receivables Turnover Calculation

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

CPI Property 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 )
=1693.8 / ((197.8 + 227.7) / 2 )
=1693.8 / 212.75
=7.96

CPI Property 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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=398.5 / ((160.4 + 227.7) / 2 )
=398.5 / 194.05
=2.05

* 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.


CPI Property Group  (XTER:O5G) 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.


CPI Property Group Receivables Turnover Related Terms

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CPI Property Group (XTER:O5G) Business Description

Traded in Other Exchanges
Address
40, Rue de la Vallee, Luxembourg, LUX, L-2661
CPI Property Group SA together with its subsidiaries is a real estate company. The Group operates in five segments- retail, office, residential, Hotels & Resorts and Complementary assets. The majority of revenue is generated from Office segment. The Group owns offices in Berlin, Warsaw, Prague, Vienna, and Budapest The company's geographical operating segment includes the Czech Republic, Berlin, Poland, Germany, Austria, Romania, Hungary, Italy and others. It generates maximum revenue from the Czech Republic region.

CPI Property Group (XTER:O5G) Headlines

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