Globus Maritime (GLBS)

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2.60 +0.00  +0.07%   NASDAQ May 21, 8:00PM BATS Real time Currency in USD

Globus Maritime Receivables Turnover Quarterly

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Globus Maritime Receivables Turnover Quarterly Chart

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Globus Maritime Historical Receivables Turnover Quarterly Data

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About Receivables Turnover Ratio

The receivable turnover ratio quantifies a company's ability to collect liabilities/debts. It helps investors gauge the efficiency of a company's collection and credit policies.

A high ratio value indicates an efficient and effective credit policy, and a low ratio indicates a debt collection problem.

The way to read the receivables turnover ratio is as follows. Assume that a company has a receivables turnover ratio of 10. We say that "the company turns over its receivables 10 times during the year." In other words, on average the company collects its outstanding receivables 10 times per year.
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View Receivables Turnover Quarterly for GLBS.
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