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Dr Hoenle AG (LTS:0O27) Receivables Turnover : 1.56 (As of Dec. 2024)


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What is Dr Hoenle 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. Dr Hoenle AG's Revenue for the three months ended in Dec. 2024 was €21.41 Mil. Dr Hoenle AG's average Accounts Receivable for the three months ended in Dec. 2024 was €13.70 Mil. Hence, Dr Hoenle AG's Receivables Turnover for the three months ended in Dec. 2024 was 1.56.


Dr Hoenle AG Receivables Turnover Historical Data

The historical data trend for Dr Hoenle 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.

* Premium members only.

Dr Hoenle AG Receivables Turnover Chart

Dr Hoenle AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 7.36 6.32 6.03 6.47

Dr Hoenle AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.75 1.99 1.78 1.84 1.56

Competitive Comparison of Dr Hoenle AG's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Dr Hoenle 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.


Dr Hoenle AG's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Dr Hoenle AG's Receivables Turnover falls into.


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Dr Hoenle AG Receivables Turnover Calculation

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

Dr Hoenle AG's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Receivables Turnover (A: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2024 ) / ((Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Sep. 2024 )) / count )
=98.729 / ((15.618 + 14.92) / 2 )
=98.729 / 15.269
=6.47

Dr Hoenle AG's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=21.411 / ((14.92 + 12.487) / 2 )
=21.411 / 13.7035
=1.56

* 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.


Dr Hoenle AG  (LTS:0O27) 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.


Dr Hoenle AG Receivables Turnover Related Terms

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Dr Hoenle AG Business Description

Traded in Other Exchanges
Address
Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205
Dr Hoenle AG supplies industrial UV technology. It operates in three business segments: The Adhesive Systems segment in addition to industrial adhesives supplies adhesive curing systems. The Disinfection segment combines activities in the areas of industrial water, surface and air disinfection, including microbiological testing. The Curing segment sells equipment for surface drying and curing paints, varnishes and other coatings. Geographically, the company operates in Germany and other countries. The key revenue portion is from Germany.

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