GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » H+H International AS (FRA:J0H) » Definitions » Receivables Turnover

H+H International AS (FRA:J0H) Receivables Turnover : 2.63 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is H+H International AS 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. H+H International AS's Revenue for the three months ended in Sep. 2024 was €97.8 Mil. H+H International AS's average Accounts Receivable for the three months ended in Sep. 2024 was €37.2 Mil. Hence, H+H International AS's Receivables Turnover for the three months ended in Sep. 2024 was 2.63.


H+H International AS Receivables Turnover Historical Data

The historical data trend for H+H International AS'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.

H+H International AS Receivables Turnover Chart

H+H International AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.15 29.39 26.73 26.89 23.83

H+H International AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.58 3.39 3.73 2.83 2.63

Competitive Comparison of H+H International AS's Receivables Turnover

For the Building Materials subindustry, H+H International AS'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.


H+H International AS's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, H+H International AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where H+H International AS's Receivables Turnover falls into.



H+H International AS Receivables Turnover Calculation

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

H+H International AS'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 )
=358.492 / ((16.399 + 13.685) / 2 )
=358.492 / 15.042
=23.83

H+H International AS's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=97.772 / ((36.042 + 38.358) / 2 )
=97.772 / 37.2
=2.63

* 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.


H+H International AS  (FRA:J0H) 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.


H+H International AS Receivables Turnover Related Terms

Thank you for viewing the detailed overview of H+H International AS's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


H+H International AS Business Description

Traded in Other Exchanges
Address
Lautrupsgade 7, 5th Floor, Copenhagen, DNK, 2100
H+H International AS is a wall building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The products are building blocks used for wall building the residential new building segment. The product range also includes products such as high-insulating blocks, larger elements and a range of traded goods used for wall building.

H+H International AS Headlines

No Headlines