Pilkington Deutschland AG (HAM:FDD) Receivables Turnover : 51.89 (As of Mar. 2024)

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What is Pilkington Deutschland 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. Pilkington Deutschland AG's Revenue for the six months ended in Mar. 2024 was €404.6 Mil. Pilkington Deutschland AG's average Accounts Receivable for the six months ended in Mar. 2024 was €7.8 Mil. Hence, Pilkington Deutschland AG's Receivables Turnover for the six months ended in Mar. 2024 was 51.89.

Pilkington Deutschland AG Receivables Turnover Historical Data

The historical data trend for Pilkington Deutschland 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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Pilkington Deutschland AG Receivables Turnover Chart

Pilkington Deutschland AG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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51.93

36.04

43.36

61.44

51.89

Pilkington Deutschland AG Semi-Annual Data
	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	Get a 7-Day Free Trial														51.93	36.04	43.36	61.44	51.89

Competitive Comparison of Pilkington Deutschland AG's Receivables Turnover

For the Building Materials subindustry, Pilkington Deutschland 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.

Pilkington Deutschland AG's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Pilkington Deutschland AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pilkington Deutschland AG's Receivables Turnover falls into.

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Pilkington Deutschland AG Receivables Turnover Calculation

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

Pilkington Deutschland AG's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	404.607	/ (	(8.7	+	6.894)	/	2 )
=	404.607	/	7.797
=	51.89

Pilkington Deutschland 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: Mar. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	404.607	/ (	(8.7	+	6.894)	/	2 )
=	404.607	/	7.797
=	51.89

Pilkington Deutschland AG (HAM:FDD) 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.

Pilkington Deutschland AG Receivables Turnover Related Terms

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Pilkington Deutschland AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Pilkington Deutschland AG (HAM:FDD) » Definitions » Receivables Turnover

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Address

Haydnstrasse 19, Gelsenkirchen, DEU, 45884

Website

http://www.pilkington.de

Pilkington Deutschland AG manufactures and markets flat and safety glass for the building and automotive markets. It manufactures glass and glass products for Architectural application such as new construction, renovation, and solar applications, Automotive application namely equipment and automotive glass parts and Technical Glass which covers a wide range of refined glasses for displays, optoelectronics and fiberglass products.