Ekotechnika AG (XTER:ETE) Receivables Turnover : 4.68 (As of Sep. 2023)

Ekotechnika AG Receivables Turnover Chart

Ekotechnika AG Annual Data
	Trend	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Receivables Turnover		Get a 7-Day Free Trial				3.98	5.51	8.96	8.10	7.44

Ekotechnika AG Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial													4.82	3.67	5.56	3.82	4.68

Competitive Comparison of Ekotechnika AG's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Ekotechnika 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.

Ekotechnika AG's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ekotechnika AG's Receivables Turnover distribution charts can be found below:

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

Ekotechnika AG Receivables Turnover Calculation

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

Ekotechnika AG's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Ekotechnika AG's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

* 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.

Ekotechnika AG  (XTER:ETE) 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.

Ekotechnika AG Receivables Turnover Related Terms

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Ekotechnika AG (XTER:ETE) Business Description