MANZF (Manz AG) Receivables Turnover: 0.90 (As of Sep. 2024)

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MANZF Manz AG MANZF
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What is Manz AG Receivables Turnover?

Manz AG MANZF 10 Receivables Turnover is 0.90 as of Sep. 2024. GuruFocus rates MANZF with a GF Score™ of 10/100.

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. Manz AG's Revenue for the three months ended in Sep. 2024 was $39.0 Mil. Manz AG's average Accounts Receivable for the three months ended in Sep. 2024 was $43.5 Mil. Hence, Manz AG's Receivables Turnover for the three months ended in Sep. 2024 was 0.90.


Manz AG  (OTCPK:MANZF) 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.


Manz AG Receivables Turnover Related Terms


Manz AG Receivables Turnover Historical Data

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The historical data trend for Manz 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.

Manz AG Receivables Turnover Chart

Manz AG 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 7.18 7.14 7.21 6.01 5.65

Manz AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.24 1.32 1.35 1.28 0.90

MANZF vs AMAT, LRCX, KLAC: Receivables Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Manz 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.


Manz AG Receivables Turnover vs Semiconductors Industry

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

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


MANZF
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Manz AG MANZF
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Manz AG Receivables Turnover Calculation

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

Manz AG's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=271.723 / ((50.411 + 45.759) / 2 )
=271.723 / 48.085
=5.65

Manz AG's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=38.987 / ((43.111 + 43.911) / 2 )
=38.987 / 43.511
=0.90

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.90 mean?
Manz AG (MANZF) has a Receivables Turnover of 0.90 as of Sep. 2024. The accounts 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. View historical data on Manz AG and its competitors.
Is Manz AG's Receivables Turnover too high?
Manz AG's current Receivables Turnover is 0.90. The Semiconductors industry median Receivables Turnover is 5.81. Manz AG's value of 0.90 is 84.5% below this industry median. Overall, Manz AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manz AG's Receivables Turnover compare to AMAT and LRCX?
Manz AG's Receivables Turnover of 0.90 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.81. Manz AG's value of 0.90 is 84.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.81, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manz AG's current Receivables Turnover of 0.90 is 84.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Manz AG and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manz AG's current Receivables Turnover is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manz AG stock overvalued right now?
Manz AG (MANZF) has a current Receivables Turnover of 0.90. The current Receivables Turnover is 0.90 and 84.5% below the Semiconductors industry median of 5.81. Manz AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Manz AG (MANZF), the current Receivables Turnover is 0.90 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manz AG Business Description

Address Steigaeckerstrasse 5, Reutlingen, BW, DEU, 72768
Manz AG is a high-tech equipment manufacturer. The company develops expertise in technology in fields including automation, vacuum coating, metrology, laser processing, wet chemistry, printing and coating, and roll-to-roll. It consists of an Electronic Business, Solar Business, Contract manufacturing, Service & Energy Storage Business. The majority of the revenue is derived from the sale of displays for liquid crystal displays & organic light-emitting diodes flat screens, touch sensors, production systems for printed circuit boards, chip carriers & also smartphones, tablet computers, notebooks & other consumer electronics. It has two segments Mobility and battery solutions & Industry solutions, key revenue is generated from Industry solutions.
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