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Melexis NV (LTS:0FA0) Receivables Turnover : 2.04 (As of Mar. 2024)


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What is Melexis NV 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. Melexis NV's Revenue for the three months ended in Mar. 2024 was €241.8 Mil. Melexis NV's average Accounts Receivable for the three months ended in Mar. 2024 was €118.7 Mil. Hence, Melexis NV's Receivables Turnover for the three months ended in Mar. 2024 was 2.04.


Melexis NV Receivables Turnover Historical Data

The historical data trend for Melexis NV'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.

Melexis NV Receivables Turnover Chart

Melexis NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.29 8.22 8.86 8.91 8.47

Melexis NV 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 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 1.93 1.80 1.88 2.00 2.04

Competitive Comparison of Melexis NV's Receivables Turnover

For the Semiconductors subindustry, Melexis NV'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.


Melexis NV's Receivables Turnover Distribution in the Semiconductors Industry

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

* The bar in red indicates where Melexis NV's Receivables Turnover falls into.



Melexis NV Receivables Turnover Calculation

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

Melexis NV'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 )
=964.298 / ((107.548 + 120.203) / 2 )
=964.298 / 113.8755
=8.47

Melexis NV'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 )
=241.815 / ((120.203 + 117.218) / 2 )
=241.815 / 118.7105
=2.04

* 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.


Melexis NV  (LTS:0FA0) 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.


Melexis NV Receivables Turnover Related Terms

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Melexis NV (LTS:0FA0) Business Description

Traded in Other Exchanges
Address
Rozendaalstraat 12, Ieper, BEL, 8900
Melexis designs sensor integrated circuits, which are a type of analog/mixed-signal chip, for the automobile industry. Its chips measure variables like positioning, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among many others.

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