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Duerkopp Adler AG (LTS:0E5I) Receivables Turnover : 2.22 (As of Jun. 2018)


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What is Duerkopp Adler 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. Duerkopp Adler AG's Revenue for the six months ended in Jun. 2018 was £70.63 Mil. Duerkopp Adler AG's average Accounts Receivable for the six months ended in Jun. 2018 was £31.76 Mil. Hence, Duerkopp Adler AG's Receivables Turnover for the six months ended in Jun. 2018 was 2.22.


Duerkopp Adler AG Receivables Turnover Historical Data

The historical data trend for Duerkopp Adler 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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Duerkopp Adler AG Receivables Turnover Chart

Duerkopp Adler AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 5.19 5.10 6.08 5.59

Duerkopp Adler AG Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 2.70 2.69 2.56 2.27 2.22

Competitive Comparison of Duerkopp Adler AG's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Duerkopp Adler 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.


Duerkopp Adler AG's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Duerkopp Adler AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Duerkopp Adler AG's Receivables Turnover falls into.



Duerkopp Adler AG Receivables Turnover Calculation

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

Duerkopp Adler AG's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=140.247 / ((21.419 + 28.719) / 2 )
=140.247 / 25.069
=5.59

Duerkopp Adler AG's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=70.625 / ((28.719 + 34.805) / 2 )
=70.625 / 31.762
=2.22

* 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.


Duerkopp Adler AG  (LTS:0E5I) 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.


Duerkopp Adler AG Receivables Turnover Related Terms

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Duerkopp Adler AG (LTS:0E5I) Business Description

Traded in Other Exchanges
N/A
Address
Potsdamer Straße 190, Bielefeld, DEU, 33719
Duerkopp Adler AG manufactures and sells sewing machines for various applications worldwide. The company provides machines for apparel manufacturing, such as lock stitch machines, including drop and needle feed, puller and top feed, edge trimmer, and twin-needle machines.

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