Flughafen Zuerich AG (Flughafen Zuerich AG) Receivables Turnover : 6.20 (As of Dec. 2023)

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What is Flughafen Zuerich 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. Flughafen Zuerich AG's Revenue for the six months ended in Dec. 2023 was $763 Mil. Flughafen Zuerich AG's average Accounts Receivable for the six months ended in Dec. 2023 was $123 Mil. Hence, Flughafen Zuerich AG's Receivables Turnover for the six months ended in Dec. 2023 was 6.20.

Flughafen Zuerich AG Receivables Turnover Historical Data

The historical data trend for Flughafen Zuerich 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.

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Flughafen Zuerich AG Receivables Turnover Chart

Flughafen Zuerich AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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11.35

7.21

8.89

11.85

12.66

Flughafen Zuerich AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															5.68	4.64	5.55	5.81	6.20

Competitive Comparison of Flughafen Zuerich AG's Receivables Turnover

For the Airports & Air Services subindustry, Flughafen Zuerich 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.

Flughafen Zuerich AG's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Flughafen Zuerich AG's Receivables Turnover distribution charts can be found below:

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

Flughafen Zuerich AG Receivables Turnover Calculation

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

Flughafen Zuerich AG'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 )
=	1429.579	/ (	(100.15	+	125.694)	/	2 )
=	1429.579	/	112.922
=	12.66

Flughafen Zuerich 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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	762.72	/ (	(120.502	+	125.694)	/	2 )
=	762.72	/	123.098
=	6.20

Flughafen Zuerich AG (OTCPK:FLGZY) 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.

Flughafen Zuerich AG Receivables Turnover Related Terms

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Flughafen Zuerich AG (Flughafen Zuerich AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Flughafen Zuerich AG (OTCPK:FLGZY) » Definitions » Receivables Turnover

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Traded in Other Exchanges

UZAPF:USA FHZNz:UK 0RG6:UK FHZN:Switzerland

Address

Zurich-Flughafen, Postfach, Zurich, CHE, CH-8058

Website

https://www.flughafen-zuerich.ch

Flughafen Zuerich AG owns and operates Zurich Airport, and offers services to international, domestic, and regional flights. Its services provided for passengers encompass activities related to the departure, arrival, and transfer areas at the airport. Revenue is split between aviation (majority of total revenue) and nonaviation services. Aviation services primarily derive from passenger and landing charges. Nonaviation services refer to retail and parking charges, sales from facility management, and other services provided at the airport. Passengers traveling within Europe cover approximately three fourths of total passengers, with many tourist cities being popular destinations.