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Delta Technologies (BUD:DELTA) Receivables Turnover : 2.00 (As of Jun. 2024)


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What is Delta Technologies 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. Delta Technologies's Revenue for the six months ended in Jun. 2024 was Ft14,082 Mil. Delta Technologies's average Accounts Receivable for the six months ended in Jun. 2024 was Ft7,051 Mil. Hence, Delta Technologies's Receivables Turnover for the six months ended in Jun. 2024 was 2.00.


Delta Technologies Receivables Turnover Historical Data

The historical data trend for Delta Technologies'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.

Delta Technologies Receivables Turnover Chart

Delta Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.60 6.65 3.97

Delta Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.48 1.99 2.19 2.97 2.00

Competitive Comparison of Delta Technologies's Receivables Turnover

For the Information Technology Services subindustry, Delta Technologies'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.


Delta Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Delta Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Delta Technologies's Receivables Turnover falls into.



Delta Technologies Receivables Turnover Calculation

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

Delta Technologies's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=18847.082 / ((6639.734 + 2845.161) / 2 )
=18847.082 / 4742.4475
=3.97

Delta Technologies's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=14082.377 / ((8761.382 + 5340.142) / 2 )
=14082.377 / 7050.762
=2.00

* 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.


Delta Technologies  (BUD:DELTA) 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.


Delta Technologies Receivables Turnover Related Terms

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Delta Technologies Business Description

Traded in Other Exchanges
Address
70-74. Robert Karoly korut, Budapest, HUN, 1134
Delta Technologies PLC is an information technology company. The company provides complex infrastructure solutions like architecture planning, networking solutions, hardware design and installation, as well as application integration.

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