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Hansen Technologies (FRA:H2T) Receivables Turnover : 2.69 (As of Dec. 2024)


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What is Hansen Technologies 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. Hansen Technologies's Revenue for the six months ended in Dec. 2024 was €107.6 Mil. Hansen Technologies's average Accounts Receivable for the six months ended in Dec. 2024 was €40.0 Mil. Hence, Hansen Technologies's Receivables Turnover for the six months ended in Dec. 2024 was 2.69.


Hansen Technologies Receivables Turnover Historical Data

The historical data trend for Hansen Technologies'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.

Hansen Technologies Receivables Turnover Chart

Hansen Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.28 5.02 4.60 5.36 5.80

Hansen Technologies Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 2.45 2.72 3.16 3.21 2.69

Competitive Comparison of Hansen Technologies's Receivables Turnover

For the Software - Application subindustry, Hansen Technologies'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.


Hansen Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Hansen Technologies's Receivables Turnover distribution charts can be found below:

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


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Hansen Technologies Receivables Turnover Calculation

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

Hansen Technologies's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=217.819 / ((34.447 + 40.725) / 2 )
=217.819 / 37.586
=5.80

Hansen Technologies'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: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=107.635 / ((40.725 + 39.365) / 2 )
=107.635 / 40.045
=2.69

* 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.


Hansen Technologies  (FRA:H2T) 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.


Hansen Technologies Receivables Turnover Related Terms

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Hansen Technologies Business Description

Traded in Other Exchanges
Address
31 Queen Street, Level 13, Melbourne, VIC, AUS, 3000
Hansen is a technology company providing software and services to the energy and utilities and communications sectors throughout the developed world. Hansen's products primarily relate to billings and adjacent functions, such as customer quotes, order capture, customer data management, and customer service. Additionally, Hansen has products assisting companies with developing new products, fulfilling orders, and managing various other operational processes.

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