Mersen (FRA:CBE) Receivables Turnover : 3.41 (As of Dec. 2023)

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What is Mersen 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. Mersen's Revenue for the six months ended in Dec. 2023 was €603 Mil. Mersen's average Accounts Receivable for the six months ended in Dec. 2023 was €177 Mil. Hence, Mersen's Receivables Turnover for the six months ended in Dec. 2023 was 3.41.

Mersen Receivables Turnover Historical Data

The historical data trend for Mersen'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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Mersen Receivables Turnover Chart

Mersen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.47

6.15

6.79

7.17

7.20

Mersen 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															3.22	3.28	3.44	3.45	3.41

Competitive Comparison of Mersen's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Mersen'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.

Mersen's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Mersen Receivables Turnover Calculation

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

Mersen'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 )
=	1210.9	/ (	(167.4	+	168.8)	/	2 )
=	1210.9	/	168.1
=	7.20

Mersen'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 )
=	603.2	/ (	(185.4	+	168.8)	/	2 )
=	603.2	/	177.1
=	3.41

Mersen (FRA:CBE) 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.

Mersen Receivables Turnover Related Terms

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Mersen (FRA:CBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mersen SA (FRA:CBE) » Definitions » Receivables Turnover

Comparable Companies

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0Q6Q:UK MRN:France

Address

Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400

Website

https://www.mersen.com

Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, the rest of Europe, the Asia-Pacific, and internationally. The business activity of the group functions through the Advanced Materials segment and Electrical Power segment. The Advanced Materials segment brings the businesses related to carbon materials - graphite specialties for high-temperature applications, anti-corrosion equipment designed primarily for chemicals and power transmission technologies, whereas the Electrical Power segment brings the businesses related to the electrical market - namely Solutions for Power Management and electrical protection and control, primarily fuses, industrial fuse holders, and surge protection solutions.

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