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Aperam (CHIX:APAMA) Receivables Turnover : 3.20 (As of Sep. 2024)


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What is Aperam 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. Aperam's Revenue for the three months ended in Sep. 2024 was €1,493 Mil. Aperam's average Accounts Receivable for the three months ended in Sep. 2024 was €467 Mil. Hence, Aperam's Receivables Turnover for the three months ended in Sep. 2024 was 3.20.


Aperam Receivables Turnover Historical Data

The historical data trend for Aperam'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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Aperam Receivables Turnover Chart

Aperam 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 16.89 15.86 13.00 16.15 14.93

Aperam Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.97 3.62 3.86 3.50 3.20

Competitive Comparison of Aperam's Receivables Turnover

For the Steel subindustry, Aperam'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.


Aperam's Receivables Turnover Distribution in the Steel Industry

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

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



Aperam Receivables Turnover Calculation

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

Aperam'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 )
=6592 / ((454 + 429) / 2 )
=6592 / 441.5
=14.93

Aperam's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1493 / ((467 + 0) / 1 )
=1493 / 467
=3.20

* 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.


Aperam  (CHIX:APAMa) 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.


Aperam Receivables Turnover Related Terms

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Aperam Business Description

Address
24-26 Boulevard d’Avranches, Luxembourg, LUX, 1160
Aperam SA is a Luxembourg-based stainless and specialty steel producer. The company primarily operates through four segments. Its stainless and electrical steel segment, which generates major revenue produces a wide range of stainless and electrical steel products, and also special carbon products. Its service and solutions segment markets the company's products and provides customized steel transformation services. Its alloys and specialties segment produces nickel alloys and certain specific stainless steels. The Recycling & Renewables segment collects, trades, processes and recycles stainless steel scrap and high-performance alloys. Geographically the company generates revenue from Europe, Americas, and Asia & Africa.

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