voestalpine AG (voestalpine AG) Receivables Turnover : 2.06 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is voestalpine 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. voestalpine AG's Revenue for the three months ended in Dec. 2023 was $4,226 Mil. voestalpine AG's average Accounts Receivable for the three months ended in Dec. 2023 was $2,047 Mil. Hence, voestalpine AG's Receivables Turnover for the three months ended in Dec. 2023 was 2.06.

voestalpine AG Receivables Turnover Historical Data

The historical data trend for voestalpine 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.

* Premium members only.

voestalpine AG Receivables Turnover Chart

voestalpine AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

7.81

8.51

11.97

13.23

15.31

voestalpine AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.01	2.90	2.73	1.99	2.06

Competitive Comparison of voestalpine AG's Receivables Turnover

For the Steel subindustry, voestalpine 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.

voestalpine AG's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, voestalpine AG's Receivables Turnover distribution charts can be found below:

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

voestalpine AG Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	19512.955	/ (	(1334.581	+	1213.812)	/	2 )
=	19512.955	/	1274.1965
=	15.31

voestalpine 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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	4225.518	/ (	(2048.346	+	2045.256)	/	2 )
=	4225.518	/	2046.801
=	2.06

voestalpine AG (OTCPK:VLPNF) 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.

voestalpine AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of voestalpine AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

voestalpine AG (voestalpine AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » voestalpine AG (OTCPK:VLPNF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

VLPNY:USA 0MKX:UK VAS:Germany VOE:Czech Republic VOE:Austria

Address

Voestalpine-Strasse 1, Linz, AUT, 4020

Website

https://www.voestalpine.com

voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.