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SPORTTOTAL AG (XTER:WIG1) Receivables Turnover : 5.02 (As of Dec. 2023)


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What is SPORTTOTAL 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. SPORTTOTAL AG's Revenue for the six months ended in Dec. 2023 was €27.68 Mil. SPORTTOTAL AG's average Accounts Receivable for the six months ended in Dec. 2023 was €5.51 Mil. Hence, SPORTTOTAL AG's Receivables Turnover for the six months ended in Dec. 2023 was 5.02.


SPORTTOTAL AG Receivables Turnover Historical Data

The historical data trend for SPORTTOTAL 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.

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SPORTTOTAL AG Receivables Turnover Chart

SPORTTOTAL 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 11.34 9.85 12.47 14.56 8.42

SPORTTOTAL 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 7.30 6.78 7.00 3.22 5.02

Competitive Comparison of SPORTTOTAL AG's Receivables Turnover

For the Entertainment subindustry, SPORTTOTAL 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.


SPORTTOTAL AG's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SPORTTOTAL AG's Receivables Turnover distribution charts can be found below:

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



SPORTTOTAL AG Receivables Turnover Calculation

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

SPORTTOTAL 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 )
=44.579 / ((5.04 + 5.553) / 2 )
=44.579 / 5.2965
=8.42

SPORTTOTAL 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 )
=27.675 / ((5.469 + 5.553) / 2 )
=27.675 / 5.511
=5.02

* 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.


SPORTTOTAL AG  (XTER:WIG1) 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.


SPORTTOTAL AG Receivables Turnover Related Terms

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SPORTTOTAL AG (XTER:WIG1) Business Description

Traded in Other Exchanges
Address
Am Coloneum 2, Köln, DEU, 50829
SPORTTOTAL AG is a Germany-based company. It is engaged in the sports and entertainment media sectors. The company offers range of products includes outside television broadcast, rental and racing services, television and film production, editorial, graphic and result services, high-end technology, live events and television marketing.

SPORTTOTAL AG (XTER:WIG1) Headlines

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