Inficon Holding AG (LTS:0QK5) Receivables Turnover : 3.51 (As of Dec. 2023)

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What is Inficon Holding 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. Inficon Holding AG's Revenue for the six months ended in Dec. 2023 was CHF297.9 Mil. Inficon Holding AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF84.9 Mil. Hence, Inficon Holding AG's Receivables Turnover for the six months ended in Dec. 2023 was 3.51.

Inficon Holding AG Receivables Turnover Historical Data

The historical data trend for Inficon Holding 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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Inficon Holding AG Receivables Turnover Chart

Inficon Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.25

6.62

7.19

6.54

6.69

Inficon Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.45	3.57	3.42	3.38	3.51

Competitive Comparison of Inficon Holding AG's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Inficon Holding 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.

Inficon Holding AG's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inficon Holding AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Inficon Holding AG's Receivables Turnover falls into.

Inficon Holding AG Receivables Turnover Calculation

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

Inficon Holding AG'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 )
=	582.627	/ (	(89.925	+	84.296)	/	2 )
=	582.627	/	87.1105
=	6.69

Inficon Holding AG's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	297.928	/ (	(85.511	+	84.296)	/	2 )
=	297.928	/	84.9035
=	3.51

Inficon Holding AG (LTS:0QK5) 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.

Inficon Holding AG Receivables Turnover Related Terms

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Inficon Holding AG (LTS:0QK5) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inficon Holding AG (LTS:0QK5) » Definitions » Receivables Turnover

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IFCNz:UK IFCN:Switzerland

Address

Hintergasse 15 B, Bad Ragaz, CHE, CH-7310

Website

https://www.inficon.com

Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise of chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. The Asia Pacific region accounts for most of the company's product sales.

Inficon Holding AG (LTS:0QK5) Headlines

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