KATEK SE (FRA:KTEK) Receivables Turnover : 3.79 (As of Dec. 2023)

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What is KATEK SE 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. KATEK SE's Revenue for the three months ended in Dec. 2023 was €194.9 Mil. KATEK SE's average Accounts Receivable for the three months ended in Dec. 2023 was €51.4 Mil. Hence, KATEK SE's Receivables Turnover for the three months ended in Dec. 2023 was 3.79.

KATEK SE Receivables Turnover Historical Data

The historical data trend for KATEK SE'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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KATEK SE Receivables Turnover Chart

KATEK SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

17.74

22.54

20.04

16.96

KATEK SE Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										3.87	4.13	3.66	3.78	3.79

Competitive Comparison of KATEK SE's Receivables Turnover

For the Electrical Equipment & Parts subindustry, KATEK SE'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.

KATEK SE's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KATEK SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where KATEK SE's Receivables Turnover falls into.

KATEK SE Receivables Turnover Calculation

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

KATEK SE'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 )
=	782.753	/ (	(43.603	+	48.692)	/	2 )
=	782.753	/	46.1475
=	16.96

KATEK SE'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 )
=	194.889	/ (	(54.038	+	48.692)	/	2 )
=	194.889	/	51.365
=	3.79

KATEK SE (FRA:KTEK) 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.

KATEK SE Receivables Turnover Related Terms

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KATEK SE (FRA:KTEK) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KTEK:Germany

Address

Promenadeplatz 12, Munchen, BY, DEU, 80333

Website

https://www.katek-group.de

KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.

Executives

Dr. Johannes Fues

Board of Directors

KATEK SE (FRA:KTEK) Headlines

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