KAP AG (FRA:IUR) Receivables Turnover : 1.66 (As of Jun. 2023)

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What is KAP AG 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. KAP AG's Revenue for the three months ended in Jun. 2023 was €87.8 Mil. KAP AG's average Accounts Receivable for the three months ended in Jun. 2023 was €53.1 Mil. Hence, KAP AG's Receivables Turnover for the three months ended in Jun. 2023 was 1.66.

KAP AG Receivables Turnover Historical Data

The historical data trend for KAP AG'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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KAP AG Receivables Turnover Chart

KAP AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.84

6.31

8.45

10.28

8.71

KAP AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.68	1.57	2.20	1.66	-

Competitive Comparison of KAP AG's Receivables Turnover

For the Conglomerates subindustry, KAP AG'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.

KAP AG's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, KAP AG's Receivables Turnover distribution charts can be found below:

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

KAP AG Receivables Turnover Calculation

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

KAP AG'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 )
=	336.967	/ (	(45.921	+	31.423)	/	2 )
=	336.967	/	38.672
=	8.71

KAP AG's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	87.842	/ (	(57.024	+	49.099)	/	2 )
=	87.842	/	53.0615
=	1.66

KAP AG (FRA:IUR) 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.

KAP AG Receivables Turnover Related Terms

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KAP AG (FRA:IUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » KAP AG (FRA:IUR) » Definitions » Receivables Turnover

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IUR:Germany

Address

Edelzeller Strasse 44, Fulda, HE, DEU, 36043

Website

https://www.kap.de

KAP AG is a German industrial holding company that provides engineered products and automotive components. The Flexible films segment generates maximum revenue, it is into extrusion coatings, calendaring and the conditioning of coated products. The engineered products segment includes develops, produces and sells technical fabrics and yarns whereas Surface technologies with chemical and physical conditioning specialized surface processes for refining metallic materials such as aluminum, magnesium, zinc die-casting or steel. Precision components segment manufacturers the precision components Geographically, the business presence of the firm is seen in the region of Germany, Rest of Europe, North/South America, Asia and in Other Countries.

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