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. Dover's Revenue for the
three
months ended in Mar. 2025 was $1,866 Mil. Dover's average Accounts Receivable for the
three
months ended in Mar. 2025 was $1,367 Mil.
Hence, Dover's Receivables Turnover for the
three
months ended in Mar. 2025 was 1.37.
Dover Receivables Turnover Historical Data
The historical data trend for Dover'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.
Competitive Comparison of Dover's Receivables Turnover
For the Specialty Industrial Machinery subindustry, Dover'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.
Dover's Receivables Turnover Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dover's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Dover's Receivables Turnover falls into.
* 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.
Dover (NYSE:DOV) 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.
Dover Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Dover's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DOV has been successfully added to your 