Koppers Holdings (FRA:KO9) Receivables Turnover : 2.37 (As of Mar. 2024)

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What is Koppers Holdings 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. Koppers Holdings's Revenue for the three months ended in Mar. 2024 was €458 Mil. Koppers Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €193 Mil. Hence, Koppers Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 2.37.

Koppers Holdings Receivables Turnover Historical Data

The historical data trend for Koppers Holdings'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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Koppers Holdings Receivables Turnover Chart

Koppers Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.44

9.48

9.72

10.23

10.15

Koppers Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.23	2.30	2.22	2.28	2.37

Competitive Comparison of Koppers Holdings's Receivables Turnover

For the Specialty Chemicals subindustry, Koppers Holdings'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.

Koppers Holdings's Receivables Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Koppers Holdings's Receivables Turnover falls into.

Koppers Holdings Receivables Turnover Calculation

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

Koppers Holdings'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 )
=	1975.401	/ (	(203.621	+	185.601)	/	2 )
=	1975.401	/	194.611
=	10.15

Koppers Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	457.792	/ (	(185.601	+	200.836)	/	2 )
=	457.792	/	193.2185
=	2.37

Koppers Holdings (FRA:KO9) 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.

Koppers Holdings Receivables Turnover Related Terms

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Koppers Holdings (FRA:KO9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Koppers Holdings Inc (FRA:KO9) » Definitions » Receivables Turnover

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KOP:USA

Address

436 Seventh Avenue, Pittsburgh, PA, USA, 15219

Website

https://www.koppers.com

Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. Most revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.

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