EVS Broadcast Equipment (FRA:5E1) Receivables Turnover : 1.34 (As of Dec. 2023)

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What is EVS Broadcast Equipment 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. EVS Broadcast Equipment's Revenue for the six months ended in Dec. 2023 was €85.8 Mil. EVS Broadcast Equipment's average Accounts Receivable for the six months ended in Dec. 2023 was €64.0 Mil. Hence, EVS Broadcast Equipment's Receivables Turnover for the six months ended in Dec. 2023 was 1.34.

EVS Broadcast Equipment Receivables Turnover Historical Data

The historical data trend for EVS Broadcast Equipment'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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EVS Broadcast Equipment Receivables Turnover Chart

EVS Broadcast Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.08

2.68

4.03

3.03

2.75

EVS Broadcast Equipment 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															1.94	1.62	1.55	1.46	1.34

Competitive Comparison of EVS Broadcast Equipment's Receivables Turnover

For the Communication Equipment subindustry, EVS Broadcast Equipment'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.

EVS Broadcast Equipment's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, EVS Broadcast Equipment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EVS Broadcast Equipment's Receivables Turnover falls into.

EVS Broadcast Equipment Receivables Turnover Calculation

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

EVS Broadcast Equipment'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 )
=	173.191	/ (	(58.856	+	67.243)	/	2 )
=	173.191	/	63.0495
=	2.75

EVS Broadcast Equipment'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 )
=	85.773	/ (	(60.821	+	67.243)	/	2 )
=	85.773	/	64.032
=	1.34

EVS Broadcast Equipment (FRA:5E1) 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.

EVS Broadcast Equipment Receivables Turnover Related Terms

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EVS Broadcast Equipment (FRA:5E1) Business Description

Industry

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EVSBY:USA EVS:Belgium

Address

Liege Science Park, 13 Rue Bois Saint-Jean, Seraing, BEL, B-4102

Website

https://www.evs.com

EVS Broadcast Equipment SA designs and markets digital electronic systems to broadcasters, production companies, post-production facilities, film studios, content owners, and archive libraries around the globe, to support the production of their sports, entertainment, and news programs. EVS provides solutions based on tapeless workflows with a consistent modular architecture. The company has a presence in Asia-Pacific, Europe, the Middle East and Africa, and America and generates its revenues from outside broadcast vans, studios, and others sporting event rentals.

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