Schlatter Industries AG (XSWX:STRN) Receivables Turnover : 9.06 (As of Dec. 2023)

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What is Schlatter Industries 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. Schlatter Industries AG's Revenue for the six months ended in Dec. 2023 was CHF61.2 Mil. Schlatter Industries AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF6.8 Mil. Hence, Schlatter Industries AG's Receivables Turnover for the six months ended in Dec. 2023 was 9.06.

Schlatter Industries AG Receivables Turnover Historical Data

The historical data trend for Schlatter Industries 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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Schlatter Industries AG Receivables Turnover Chart

Schlatter Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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18.05

16.34

18.64

17.81

20.01

Schlatter Industries 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															8.66	9.42	10.35	9.91	9.06

Competitive Comparison of Schlatter Industries AG's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Schlatter Industries 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.

Schlatter Industries AG's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Schlatter Industries AG Receivables Turnover Calculation

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

Schlatter Industries 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 )
=	128.574	/ (	(6.469	+	6.379)	/	2 )
=	128.574	/	6.424
=	20.01

Schlatter Industries 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 )
=	61.191	/ (	(7.124	+	6.379)	/	2 )
=	61.191	/	6.7515
=	9.06

Schlatter Industries AG (XSWX:STRN) 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.

Schlatter Industries AG Receivables Turnover Related Terms

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Schlatter Industries AG (XSWX:STRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schlatter Industries AG (XSWX:STRN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

STRNz:UK

Address

Brandstrasse 24, Schlieren, CHE, 8952

Website

http://www.schlattergroup.com

Schlatter Industries AG with its subsidiaries is engaged in plant manufacturing for resistance welding machines and weaving machines for special applications. The firm specializes in plant engineering for resistance welding systems for reinforcement mesh, industrial mesh, and butt welding systems for rails as well as weaving and finishing equipment to produce paper machine clothing, wire fabrics, and wire mesh. In the welding segment, the company develops and builds resistance welding systems for the production of industrial and reinforcing mesh as well as rail welding. The firm offers warping, weaving, heat-setting and finishing machines for the paper machine under the brand name Jager. The group is based in Switzerland.

Schlatter Industries AG (XSWX:STRN) Headlines

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