Euro Group Laminations SpA (FRA:QK9) Receivables Turnover : 2.93 (As of Dec. 2024)

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

What is Euro Group Laminations SpA 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. Euro Group Laminations SpA's Revenue for the six months ended in Dec. 2024 was €448.7 Mil. Euro Group Laminations SpA's average Accounts Receivable for the six months ended in Dec. 2024 was €153.4 Mil. Hence, Euro Group Laminations SpA's Receivables Turnover for the six months ended in Dec. 2024 was 2.93.

Euro Group Laminations SpA Receivables Turnover Historical Data

The historical data trend for Euro Group Laminations SpA'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.

Euro Group Laminations SpA Receivables Turnover Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

5.96

7.13

6.92

6.27

6.69

Euro Group Laminations SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				2.85	2.90	2.73	3.05	2.93

Competitive Comparison of Euro Group Laminations SpA's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Euro Group Laminations SpA'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.

Euro Group Laminations SpA's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Euro Group Laminations SpA's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Euro Group Laminations SpA Receivables Turnover Calculation

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

Euro Group Laminations SpA'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 )
=	876.041	/ (	(117.544	+	144.237)	/	2 )
=	876.041	/	130.8905
=	6.69

Euro Group Laminations SpA'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	448.722	/ (	(162.508	+	144.237)	/	2 )
=	448.722	/	153.3725
=	2.93

Euro Group Laminations SpA (FRA:QK9) 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.

Euro Group Laminations SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Euro Group Laminations SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Euro Group Laminations SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (FRA:QK9) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

EGLA:Italy QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments; the EV and Automotive segment which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems, as well as in non-drive applications in automobiles. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and other regions.

Euro Group Laminations SpA Headlines

No Headlines