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3U Holding AG (FRA:UUU) Receivables Turnover : 3.87 (As of Dec. 2023)


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What is 3U Holding AG 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. 3U Holding AG's Revenue for the three months ended in Dec. 2023 was €15.62 Mil. 3U Holding AG's average Accounts Receivable for the three months ended in Dec. 2023 was €4.04 Mil. Hence, 3U Holding AG's Receivables Turnover for the three months ended in Dec. 2023 was 3.87.


3U Holding AG Receivables Turnover Historical Data

The historical data trend for 3U Holding AG'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.

3U Holding AG Receivables Turnover Chart

3U Holding AG 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 12.32 15.84 14.62 15.23 14.54

3U Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.43 3.45 3.06 3.39 3.87

Competitive Comparison of 3U Holding AG's Receivables Turnover

For the Building Products & Equipment subindustry, 3U Holding AG'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.


3U Holding AG's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, 3U Holding AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 3U Holding AG's Receivables Turnover falls into.



3U Holding AG Receivables Turnover Calculation

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

3U Holding AG'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 )
=54.779 / ((3.601 + 3.933) / 2 )
=54.779 / 3.767
=14.54

3U Holding AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=15.619 / ((4.137 + 3.933) / 2 )
=15.619 / 4.035
=3.87

* 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.


3U Holding AG  (FRA:UUU) 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.


3U Holding AG Receivables Turnover Related Terms

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3U Holding AG (FRA:UUU) Business Description

Traded in Other Exchanges
Address
Frauenbergstrasse 31-33, Marburg, HE, DEU, 35039
3U Holding AG is active in the ITC, Renewable Energies, and SHAC sectors. The ITC (Information and Telecommunications Technology) segment involves voice retail, business voice, and data center services and operation as well as the development, distribution, and operation of cloud-based CRM, and ERP solutions and the trading of IT licenses. The Renewable Energies segment covers the wind power project development and electricity generation with its own plants using wind and solar energy. The SHAC segment, which is the key revenue driver, involves the installation of components of air conditioning in buildings, the distribution of products from sanitary, heating, and air conditioning systems to wholesalers, craftsmen, and self-builders. Majority of the revenue derives from SHAC segment.

3U Holding AG (FRA:UUU) Headlines

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