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Mellanox Technologies (FRA:ZZE) Receivables Turnover : 1.72 (As of Mar. 2020)


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What is Mellanox Technologies 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. Mellanox Technologies's Revenue for the three months ended in Mar. 2020 was €388 Mil. Mellanox Technologies's average Accounts Receivable for the three months ended in Mar. 2020 was €225 Mil. Hence, Mellanox Technologies's Receivables Turnover for the three months ended in Mar. 2020 was 1.72.


Mellanox Technologies Receivables Turnover Historical Data

The historical data trend for Mellanox Technologies'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.

Mellanox Technologies Receivables Turnover Chart

Mellanox Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 7.68 5.52 7.29 7.06

Mellanox Technologies Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 1.90 1.67 1.69 1.75 1.72

Competitive Comparison of Mellanox Technologies's Receivables Turnover

For the Semiconductors subindustry, Mellanox Technologies'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.


Mellanox Technologies's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mellanox Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mellanox Technologies's Receivables Turnover falls into.



Mellanox Technologies Receivables Turnover Calculation

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

Mellanox Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=1197.518 / ((132.399 + 206.886) / 2 )
=1197.518 / 169.6425
=7.06

Mellanox Technologies's Receivables Turnover for the quarter that ended in Mar. 2020 is calculated as

Receivables Turnover (Q: Mar. 2020 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2020 ) / ((Accounts Receivable (Q: Dec. 2019 ) + Accounts Receivable (Q: Mar. 2020 )) / count )
=388.015 / ((206.886 + 243.672) / 2 )
=388.015 / 225.279
=1.72

* 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.


Mellanox Technologies  (FRA:ZZE) 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.


Mellanox Technologies Receivables Turnover Related Terms

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Mellanox Technologies (FRA:ZZE) Business Description

Traded in Other Exchanges
N/A
Address
Beit Mellanox, Yokneam, ISR, 20692
Mellanox Technologies Ltd is engaged in the development, manufacturing, marketing and sales of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services for servers, storage, and hyper-converged infrastructure. The company offers integrated circuits, adapter cards, switch systems, cables, modules, software, services, and accessories. The company supplies its products mainly to the storage and communications infrastructure equipment vendors. The company operates its business mainly in United States, Europe, China, Japan, India, Taiwan and Australia.

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