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Hillenbrand (FRA:9HI) Receivables Turnover : 2.21 (As of Dec. 2024)


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What is Hillenbrand 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. Hillenbrand's Revenue for the three months ended in Dec. 2024 was €675 Mil. Hillenbrand's average Accounts Receivable for the three months ended in Dec. 2024 was €306 Mil. Hence, Hillenbrand's Receivables Turnover for the three months ended in Dec. 2024 was 2.21.


Hillenbrand Receivables Turnover Historical Data

The historical data trend for Hillenbrand'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.

* Premium members only.

Hillenbrand Receivables Turnover Chart

Hillenbrand Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.32 7.44 8.82 8.42 8.32

Hillenbrand Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.04 2.24 2.30 2.39 2.21

Competitive Comparison of Hillenbrand's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Hillenbrand'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.


Hillenbrand's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillenbrand's Receivables Turnover distribution charts can be found below:

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


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Hillenbrand Receivables Turnover Calculation

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

Hillenbrand's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Receivables Turnover (A: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2024 ) / ((Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Sep. 2024 )) / count )
=2867.703 / ((373.582 + 315.44) / 2 )
=2867.703 / 344.511
=8.32

Hillenbrand'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: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=675.09 / ((315.44 + 295.573) / 2 )
=675.09 / 305.5065
=2.21

* 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.


Hillenbrand  (FRA:9HI) 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.


Hillenbrand Receivables Turnover Related Terms

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Hillenbrand Business Description

Traded in Other Exchanges
Address
One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a industrial company that provides engineered processing equipment and solutions to customers around the world. The company operates through two segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment and also provider of engineered process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food, and recycling. Molding Technology Solutions has a comprehensive product portfolio that includes injection molding and extrusion equipment, It earns it revenue from Advanced Process Solutions, and Geographically from America, following by Asia and EMEA.

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