Technoprobe SpA (CHIX:TPROM) Receivables Turnover : 2.77 (As of Dec. 2024)

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What is Technoprobe SpA 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. Technoprobe SpA's Revenue for the six months ended in Dec. 2024 was €302.1 Mil. Technoprobe SpA's average Accounts Receivable for the six months ended in Dec. 2024 was €109.0 Mil. Hence, Technoprobe SpA's Receivables Turnover for the six months ended in Dec. 2024 was 2.77.

Technoprobe SpA Receivables Turnover Historical Data

The historical data trend for Technoprobe SpA'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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Technoprobe SpA Receivables Turnover Chart

Technoprobe SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.02

4.28

6.16

5.71

5.82

Technoprobe SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					3.22	2.55	2.91	2.89	2.77

Competitive Comparison of Technoprobe SpA's Receivables Turnover

For the Semiconductors subindustry, Technoprobe SpA'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.

Technoprobe SpA's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Technoprobe SpA's Receivables Turnover distribution charts can be found below:

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

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Technoprobe SpA Receivables Turnover Calculation

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

Technoprobe SpA's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	543.153	/ (	(67.829	+	118.803)	/	2 )
=	543.153	/	93.316
=	5.82

Technoprobe SpA's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	302.103	/ (	(99.218	+	118.803)	/	2 )
=	302.103	/	109.0105
=	2.77

Technoprobe SpA (CHIX:TPROm) 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.

Technoprobe SpA Receivables Turnover Related Terms

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Technoprobe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Technoprobe SpA (CHIX:TPROm) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TPRO:Italy 0AB7:UK K8B:Germany

Address

Via Cavalieri di Vittorio Veneto, 2, Cernusco Lombardone, ITA, 23870

Website

https://www.technoprobe.com

Technoprobe SpA operates in the production of electronic circuits, and `mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices and it is specialized in the design, development and production of probe cards used to test the operation of chips. The company operates in Asia, America, Europe, and Italy and derives a majority of its revenue from Asia.

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