GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marzocchi Pompe SpA (MIL:MARP) » Definitions » Receivables Turnover

Marzocchi Pompe SpA (MIL:MARP) Receivables Turnover : 2.78 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Marzocchi Pompe SpA 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. Marzocchi Pompe SpA's Revenue for the six months ended in Dec. 2023 was €23.12 Mil. Marzocchi Pompe SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €8.32 Mil. Hence, Marzocchi Pompe SpA's Receivables Turnover for the six months ended in Dec. 2023 was 2.78.


Marzocchi Pompe SpA Receivables Turnover Historical Data

The historical data trend for Marzocchi Pompe SpA'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.

Marzocchi Pompe SpA Receivables Turnover Chart

Marzocchi Pompe SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 6.43 5.38 6.09 6.03 6.32

Marzocchi Pompe SpA Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 2.77 2.41 3.02 2.78

Competitive Comparison of Marzocchi Pompe SpA's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Marzocchi Pompe SpA'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.


Marzocchi Pompe SpA's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marzocchi Pompe SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Marzocchi Pompe SpA's Receivables Turnover falls into.



Marzocchi Pompe SpA Receivables Turnover Calculation

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

Marzocchi Pompe SpA'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 )
=49.746 / ((8.376 + 7.376) / 2 )
=49.746 / 7.876
=6.32

Marzocchi Pompe SpA'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 )
=23.119 / ((9.254 + 7.376) / 2 )
=23.119 / 8.315
=2.78

* 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.


Marzocchi Pompe SpA  (MIL:MARP) 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.


Marzocchi Pompe SpA Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Marzocchi Pompe SpA's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Marzocchi Pompe SpA (MIL:MARP) Business Description

Traded in Other Exchanges
N/A
Address
Via 63a Brigata Bolero 15, Casalecchio di Reno, Bologna, ITA, 40033
Marzocchi Pompe SpA is engaged in the designing, manufacturing and selling of external gear pumps and motors. Geographically, the production activities are carried out through Italy.

Marzocchi Pompe SpA (MIL:MARP) Headlines

No Headlines