DMG Mori AG (LTS:0OP0) Receivables Turnover : 6.57 (As of Dec. 2024)

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What is DMG Mori 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. DMG Mori AG's Revenue for the six months ended in Dec. 2024 was €1,124 Mil. DMG Mori AG's average Accounts Receivable for the six months ended in Dec. 2024 was €171 Mil. Hence, DMG Mori AG's Receivables Turnover for the six months ended in Dec. 2024 was 6.57.

DMG Mori AG Receivables Turnover Historical Data

The historical data trend for DMG Mori 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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DMG Mori AG Receivables Turnover Chart

DMG Mori AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2.82

3.31

3.23

4.61

9.59

DMG Mori AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.61	2.42	6.61	5.91	6.57

Competitive Comparison of DMG Mori AG's Receivables Turnover

For the Tools & Accessories subindustry, DMG Mori 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.

DMG Mori AG's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where DMG Mori AG's Receivables Turnover falls into.

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DMG Mori AG Receivables Turnover Calculation

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

DMG Mori AG's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	2228.34	/ (	(248.09	+	216.727)	/	2 )
=	2228.34	/	232.4085
=	9.59

DMG Mori 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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1124.14	/ (	(125.5	+	216.727)	/	2 )
=	1124.14	/	171.1135
=	6.57

DMG Mori AG (LTS:0OP0) 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.

DMG Mori AG Receivables Turnover Related Terms

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DMG Mori AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DMG Mori AG (LTS:0OP0) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GIL:Germany GIL:Austria

Address

Gildemeisterstrasse 60, Bielefeld, DEU, D-33689

Website

https://www.dmgmori.com

DMG Mori AG is a manufacturer of metal-cutting machine tools. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The end markets are Germany and the rest of Europe. The company is majority-owned by DMG Mori Company. The company earns maximum sales revenue from the Corporate services segment.

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