3U Holding AG (FRA:UUU) Receivables Turnover : 3.10 (As of Mar. 2024)

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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 Mar. 2024 was €14.37 Mil. 3U Holding AG's average Accounts Receivable for the three months ended in Mar. 2024 was €4.64 Mil. Hence, 3U Holding AG's Receivables Turnover for the three months ended in Mar. 2024 was 3.10.

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.

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3U Holding AG Receivables Turnover Chart

3U Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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12.32

15.84

14.62

15.23

14.54

3U Holding AG 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															3.45	3.06	3.39	3.87	3.10

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 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 )
=	14.371	/ (	(3.933	+	5.337)	/	2 )
=	14.371	/	4.635
=	3.10

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

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » 3U Holding AG (FRA:UUU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

UUU:Germany

Address

Frauenbergstrasse 31-33, Marburg, HE, DEU, 35039

Website

https://www.3u.net

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.