Kronos Worldwide (FRA:K1W) Receivables Turnover : 1.41 (As of Dec. 2024)

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What is Kronos Worldwide 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. Kronos Worldwide's Revenue for the three months ended in Dec. 2024 was €404 Mil. Kronos Worldwide's average Accounts Receivable for the three months ended in Dec. 2024 was €286 Mil. Hence, Kronos Worldwide's Receivables Turnover for the three months ended in Dec. 2024 was 1.41.

Kronos Worldwide Receivables Turnover Historical Data

The historical data trend for Kronos Worldwide'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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Kronos Worldwide Receivables Turnover Chart

Kronos Worldwide Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.55

6.46

7.34

6.66

7.10

Kronos Worldwide Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.59	1.46	1.36	1.41	1.76

Competitive Comparison of Kronos Worldwide's Receivables Turnover

For the Specialty Chemicals subindustry, Kronos Worldwide'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.

Kronos Worldwide's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kronos Worldwide's Receivables Turnover distribution charts can be found below:

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

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Kronos Worldwide Receivables Turnover Calculation

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

Kronos Worldwide's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1802.181	/ (	(250.891	+	257.086)	/	2 )
=	1802.181	/	253.9885
=	7.10

Kronos Worldwide'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: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	404.061	/ (	(314.089	+	257.086)	/	2 )
=	404.061	/	285.5875
=	1.41

Kronos Worldwide (FRA:K1W) 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.

Kronos Worldwide Receivables Turnover Related Terms

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Kronos Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kronos Worldwide Inc (FRA:K1W) » Definitions » Receivables Turnover

Comparable Companies

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KRO:USA K1W:Germany

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

https://www.kronosww.com

Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in various products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.

Kronos Worldwide Headlines

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