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. SolarWorld AG's Revenue for the
three
months ended in Dec. 2016 was €164.4 Mil. SolarWorld AG's average Accounts Receivable for the
three
months ended in Dec. 2016 was €78.8 Mil.
Hence, SolarWorld AG's Receivables Turnover for the
three
months ended in Dec. 2016 was 2.09.
SolarWorld AG (HAM:SWVK) 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.
SolarWorld AG Receivables Turnover Related Terms
SolarWorld AG Receivables Turnover Historical Data
* Premium members only.
The historical data trend for SolarWorld 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.
HAM:SWVK vs SUNW, RGSE: Receivables Turnover Comparison
For the Solar subindustry, SolarWorld 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.
SolarWorld AG Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SolarWorld AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SolarWorld AG's Receivables Turnover falls into.
* 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.
SolarWorld AG (HAM:SWVK) has a Receivables Turnover of 2.09 as of Dec. 2016. The accounts 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. View historical data on SolarWorld AG and its competitors.
Is SolarWorld AG's Receivables Turnover too high?
SolarWorld AG's current Receivables Turnover is 2.09. The Semiconductors industry median Receivables Turnover is 5.82. SolarWorld AG's value of 2.09 is 64.1% below this industry median.
How does SolarWorld AG's Receivables Turnover compare to SUNW and RGSE?
SolarWorld AG's Receivables Turnover of 2.09 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. SolarWorld AG's value of 2.09 is 64.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SolarWorld AG's current Receivables Turnover of 2.09 is 64.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on SolarWorld AG and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarWorld AG's current Receivables Turnover is 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarWorld AG stock overvalued right now?
SolarWorld AG (HAM:SWVK) has a current Receivables Turnover of 2.09. The current Receivables Turnover is 2.09 and 64.1% below the Semiconductors industry median of 5.82. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For SolarWorld AG (HAM:SWVK), the current Receivables Turnover is 2.09 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SolarWorld AG is a manufacturer of solar power products. It also researches, develops, produces and recycles on all levels of the solar value-added chain. It also focuses on the production and international distribution of high-end solar energy facilities. The business operates through segments that include Production Germany, Production United States, Trade, and Others. The Trade segment generates maximum revenue for the company. Its product line consists of module and assembly kit, cells and wafers, power generation, and other revenue. The sales of module and assembly kit generate maximum revenue for the company.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:SWVK has been successfully added to your 