Charbone Hydrogen (FRA:K47) Receivables Turnover : 4.08 (As of Sep. 2024)

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What is Charbone Hydrogen 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. Charbone Hydrogen's Revenue for the three months ended in Sep. 2024 was €0.05 Mil. Charbone Hydrogen's average Accounts Receivable for the three months ended in Sep. 2024 was €0.01 Mil. Hence, Charbone Hydrogen's Receivables Turnover for the three months ended in Sep. 2024 was 4.08.

Charbone Hydrogen Receivables Turnover Historical Data

The historical data trend for Charbone Hydrogen'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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Charbone Hydrogen Receivables Turnover Chart

Charbone Hydrogen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

2.14

29.69

Charbone Hydrogen Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial												6.53	8.00	6.59	7.56	4.08

Competitive Comparison of Charbone Hydrogen's Receivables Turnover

For the Chemicals subindustry, Charbone Hydrogen'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.

Charbone Hydrogen's Receivables Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Charbone Hydrogen's Receivables Turnover falls into.

Charbone Hydrogen Receivables Turnover Calculation

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

Charbone Hydrogen'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 )
=	0.193	/ (	(0.007	+	0.006)	/	2 )
=	0.193	/	0.0065
=	29.69

Charbone Hydrogen'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 )
=	0.053	/ (	(0.007	+	0.019)	/	2 )
=	0.053	/	0.013
=	4.08

Charbone Hydrogen (FRA:K47) 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.

Charbone Hydrogen Receivables Turnover Related Terms

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Charbone Hydrogen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Charbone Hydrogen Corp (FRA:K47) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CHHYF:USA CH:Canada

Address

5005 Boul. Lapiniere, Suite 1080, Brossard, QC, CAN, J4Z 0N5

Website

https://www.charbone.com

Charbone Hydrogen Corp is a Canadian green hydrogen group established in North America. The Company develops modular and expandable hydrogen facilities. Through the acquisition of hydropower plants in the United States of America and Canada, Charbone will be able to produce green dihydrogen molecules using reliable and sustainable energy to distinguish itself as a provider of an environmentally friendly solution for industrial and commercial enterprises. The company operates in a single sector, which is small-scale hydroelectric power generation in North America.

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