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Deutsche Boerse AG (Deutsche Boerse AG) Receivables Turnover : 0.93 (As of Mar. 2024)


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What is Deutsche Boerse 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. Deutsche Boerse AG's Revenue for the three months ended in Mar. 2024 was $1,866 Mil. Deutsche Boerse AG's average Accounts Receivable for the three months ended in Mar. 2024 was $1,998 Mil. Hence, Deutsche Boerse AG's Receivables Turnover for the three months ended in Mar. 2024 was 0.93.


Deutsche Boerse AG Receivables Turnover Historical Data

The historical data trend for Deutsche Boerse 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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Deutsche Boerse AG Receivables Turnover Chart

Deutsche Boerse 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 7.73 7.25 5.34 3.14 3.01

Deutsche Boerse AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.65 1.50 1.47 0.94 0.93

Competitive Comparison of Deutsche Boerse AG's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse 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.


Deutsche Boerse AG's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Receivables Turnover distribution charts can be found below:

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



Deutsche Boerse AG Receivables Turnover Calculation

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

Deutsche Boerse 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 )
=6647.874 / ((2425 + 1998.037) / 2 )
=6647.874 / 2211.5185
=3.01

Deutsche Boerse AG's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1865.652 / ((1998.037 + 0) / 1 )
=1865.652 / 1998.037
=0.93

* 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.


Deutsche Boerse AG  (OTCPK:DBOEF) 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.


Deutsche Boerse AG Receivables Turnover Related Terms

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Deutsche Boerse AG (Deutsche Boerse AG) Business Description

Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Deutsche Boerse AG (Deutsche Boerse AG) Headlines

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