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Gesco SE (FRA:GSC1) Receivables Turnover : 1.63 (As of Mar. 2024)


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What is Gesco SE 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. Gesco SE's Revenue for the three months ended in Mar. 2024 was €124.3 Mil. Gesco SE's average Accounts Receivable for the three months ended in Mar. 2024 was €76.1 Mil. Hence, Gesco SE's Receivables Turnover for the three months ended in Mar. 2024 was 1.63.


Gesco SE Receivables Turnover Historical Data

The historical data trend for Gesco SE'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.

Gesco SE Receivables Turnover Chart

Gesco SE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.02 5.66 7.83 7.73 7.23

Gesco SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.70 1.63 1.65 1.69 1.63

Competitive Comparison of Gesco SE's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Gesco SE'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.


Gesco SE's Receivables Turnover Distribution in the Industrial Products Industry

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

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



Gesco SE Receivables Turnover Calculation

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

Gesco SE'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 )
=560.724 / ((82.219 + 72.879) / 2 )
=560.724 / 77.549
=7.23

Gesco SE's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=124.297 / ((72.879 + 79.399) / 2 )
=124.297 / 76.139
=1.63

* 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.


Gesco SE  (FRA:GSC1) 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.


Gesco SE Receivables Turnover Related Terms

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Gesco SE (FRA:GSC1) Business Description

Traded in Other Exchanges
Address
Johannisberg 7, Wuppertal, DEU, 42103
Gesco SE is an industrial goods manufacturer in Germany. The company acquires industrial small and medium-sized enterprises. It functions through three segments, Production Process Technology, Resource Technology and Healthcare and Infrastructure Technology. The Production Process Technology, Resource Technology segment offers products and services for various' production processes; the Resource Technology segment includes companies that supply material-intensive companies; and the Healthcare and Infrastructure segment supply companies in mass consumer markets such as the medical, hygiene, food or sanitary sectors.

Gesco SE (FRA:GSC1) Headlines

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